The company recently secured new financing at a valuation of around USD 157 billion, backed by prominent investors like Microsoft, Nvidia, Thrive financing and Khosla Ventures
Read More
The company expects to increase revenue to USD 11.6 billion in 2024 from USD 3.6 billion this year
Read More
Sam Altman claimed that the board had been considering the restructuring separately for about a year
Read More
Murati, McGrew, and Zoph, all key figures in the development of OpenAI, are leaving simultaneously, putting the company at a crossroads as it prepares to transition from a non-profit to a for-profit entity.
Read More
The new structure will increase OpenAI's appeal to investors while keeping a minority interest in its non-profit arm
Read More
The proposed logo, which is a plain black ‘O,’ which some mistook for a ring or a zero, raised questions about its creative appeal
Read More
The new group, directed by Zico Kolter from Carnegie Mellon, intends to improve safety, transparency and cybersecurity through government engagement and proposed initiatives
Read More
According to recent reports, CEO Sam Altman informed employees during a company-wide meeting that OpenAI is likely to shift closer to a traditional for-profit model in the near future
Read More
OpenAI says that these models can independently break down complex queries, enabling them to solve harder tasks that previously required user intervention
Read More
This would be a dramatic jump from the company’s earlier valuation of USD 86 billion, positioning OpenAI as one of the most highly valued startups in the artificial intelligence space
Read More
