English => News => Topic started by: Redaktion on December 28, 2024, 19:16:30
Title: OpenAI shifts to for-profit corporate structure amid $5 billion annual losses
Post by: Redaktion on December 28, 2024, 19:16:30
OpenAI plans major restructuring into a Delaware Public Benefit Corporation, removing profit caps for investors while maintaining its mission of developing beneficial AGI. Despite $3.7 billion in revenue, the company faces $5 billion in losses amid soaring AI development and infrastructure costs.