The restructuring would have also allowed OpenAI to remove the cap on returns for investors, potentially making the firm more appealing to venture capitalists, with the nonprofit arm continuing to exist but only as a minority stakeholder rather than maintaining governance control. This plan emerged as the company sought a funding round that would value… Read More »
Benj Edwards / Getty Images reader comments 55 On Tuesday, OpenAI published a blog post titled “OpenAI and Elon Musk” in response to a lawsuit Musk filed last week. The ChatGPT maker shared several archived emails from Musk that suggest he once supported a pivot away from open source practices in the company’s quest to… Read More »
Enlarge / Ilya Sutskever, OpenAI Chief Scientist, speaks at Tel Aviv University on June 5, 2023. reader comments 179 with On Friday, OpenAI fired CEO Sam Altman in a surprise move that led to the resignation of President Greg Brockman and three senior scientists. The move also blindsided key investor and minority owner Microsoft, reportedly… Read More »