Vietnam.vn - Nền tảng quảng bá Việt Nam

OpenAI Prepares to Transition to a For-Profit Business Model

Tạp chí Doanh NghiệpTạp chí Doanh Nghiệp06/11/2024


DNVN - According to information from Bloomberg on November 4, OpenAI is in the initial stages of negotiations with the California Attorney General's Office to change its organizational structure, moving towards a for-profit operating model.

Photo caption

A California source said the company has been in talks with Attorney General Rob Bonta's office and is expected to file detailed documents on its restructuring plan once it finalizes the proposal.

The media outlet reached out to OpenAI and the California Attorney General’s Office for confirmation. OpenAI declined to comment on ongoing negotiations, but stressed that its nonprofit board would remain in place in any restructuring plan.

A spokesperson for the California Attorney General's Office said in a statement that the agency is “committed to protecting assets in the public interest” but did not elaborate on its discussions with OpenAI.

The transition to a for-profit business model would be a major shift in the governance structure of OpenAI, a pioneer in the field of artificial intelligence.

Since its founding in 2015, OpenAI has operated as a nonprofit research organization with a mission to advance artificial intelligence for the benefit of all humanity. However, the new for-profit structure will help OpenAI attract more investors, while also raising questions about the company’s ability to maintain its public-interest mission.

Last month, ChatGPT's developer closed a $6.6 billion funding round, valuing OpenAI at $157 billion, making it one of the most valuable private companies in the world.

Reuters reported in September that OpenAI was considering restructuring its operations as a for-profit company, freeing it from its nonprofit board. However, sources said that OpenAI’s nonprofit board would continue to exist and would retain a minority stake in the commercial company.

Hung Le (t/h)



Source: https://doanhnghiepvn.vn/cong-nghe/openai-chuan-bi-chuyen-doi-sang-mo-hinh-doanh-nghiep-vi-loi-nhuan/20241106095102375

Comment (0)

No data
No data
Image of terraced fields in Phu Tho, gently sloping, bright and beautiful like mirrors before the planting season
Z121 Factory is ready for the International Fireworks Final Night
Famous travel magazine praises Son Doong cave as 'the most magnificent on the planet'
Mysterious cave attracts Western tourists, likened to 'Phong Nha cave' in Thanh Hoa
Discover the poetic beauty of Vinh Hy Bay
How is the most expensive tea in Hanoi, priced at over 10 million VND/kg, processed?
Taste of the river region
Beautiful sunrise over the seas of Vietnam
The majestic cave arc in Tu Lan
Lotus tea - A fragrant gift from Hanoi people

Heritage

Figure

Business

No videos available

News

Political System

Local

Product