Tag: nonprofit
Elon Musk will withdraw bid for OpenAI’s nonprofit if its board agrees to terms
In a court filing on Wednesday, a lawyer for Elon Musk said the billionaire will withdraw his $97.4 billion bid for OpenAI’s nonprofit...
How Musk’s $97.4B bid could gum up OpenAI’s for-profit conversion
On Monday, Elon Musk, the world’s richest man, offered to buy the nonprofit that effectively governs OpenAI for $97.4 billion. The unsolicited buyout...
Nonprofit group joins Elon Musk’s effort to block OpenAI’s for-profit transition
Encode, the nonprofit organization that co-sponsored California’s ill-fated SB 1047 AI safety legislation, has requested permission to file an amicus brief in support...
OpenAI lays out its for-profit transition plans
OpenAI says its corporate structure must evolve to advance its mission of ensuring artificial general intelligence (AGI) — AI that can complete most...
OpenAI is funding research into ‘AI morality’
OpenAI is funding academic research into algorithms that can predict humans’ moral judgements.
In a filing with the IRS, OpenAI Inc., OpenAI’s nonprofit org,...
Microsoft could end up with substantial equity in the restructured, for-profit OpenAI
How much equity in OpenAI will Microsoft get once the former becomes a for-profit company? That’s the multi-billion-dollar question — one the two...