OpenAI pursues public benefit structure to fend off hostile takeovers – Financial Times

From Google: 2024-10-09 12:22:32

OpenAI is implementing a public benefit structure to protect against hostile takeovers. This decision comes as the AI lab seeks to prioritize the ethical use of technology. OpenAI has been able to raise over $600 million in funding. This move aims to prevent competing entities from using OpenAI’s technology for harmful purposes.



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