OpenAI
OpenAI Completes Shift Into For-Profit Company
OpenAI has now finished converting itself into a for-profit public benefit corporation, while keeping a mission-led foundation on top, in what may be the most important restructuring so far in the commercial AI race. Started As Non-Profit OpenAI was originally founded (back in 2015) as a non-profit research lab with a stated mission to ensure…
Read MoreOpenAI Unveils ChatGPT-Powered Atlas Browser
OpenAI has released Atlas, a free macOS web browser built around ChatGPT, and it arrives with big ambitions, useful features, and some immediate security questions. What OpenAI Has Launched, And Why It Matters OpenAI describes Atlas as “a new web browser built with ChatGPT at its core.” The idea of Atlas is, rather than visiting a website,…
Read MoreOpenAI World’s Most Valuable Private Company
OpenAI has reportedly reached a $500 billion valuation after completing a $6.6 billion secondary share sale involving current and former employees. Share Sale The transaction, finalised on 2 October, allows OpenAI workers and alumni to sell their equity stakes to a group of institutional investors including Thrive Capital, SoftBank, Dragoneer Investment Group, Abu Dhabi’s MGX,…
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