OpenAI hits back at Elon Musk lawsuit, says he suggested for-profit entity
OpenAI CEO Sam Altman speaks with Shannon Bream to discuss the positives and potential negatives of artificial intelligence, and the importance of maintaining the AI industry's lead over China. OpenAI is pushing back against Elon Musk's latest attempt to restart a lawsuit against the artificial intelligence (AI) giant that seeks to block the company's transition […]
Elon Musk wanted to make OpenAI a for-profit company, messages show
OpenAI announced Friday that it will ask a California judge to deny billionaire Elon Musk's request to block the ChatGPT maker from turning it into a for-profit company. OpenAI also email and text messages Musk claimed on his website that he initially supported OpenAI's status as a for-profit company, but pulled out of the company […]
Elon Musk Seeks Court Injunction to Block OpenAI’s Conversion to For-Profit Entity
Elon Musk has filed a petition in federal court for a preliminary injunction to prevent OpenAI from becoming a fully commercial enterprise. CNBC report In the latest development in the ongoing legal battle between Elon Musk and OpenAI, lawyers representing Musk, his AI startup xAI, and former OpenAI board member Sivon Gillis have filed a […]
Elon Musk seeks injunction to block OpenAI’s plans to become for-profit ‘Frankenstein’: filing
Elon Musk asks a federal judge to block Sam Altman's OpenAI from completing plans to become a commercial entity, claiming it would cause “irreparable harm” to the public did. In a filing late Friday in U.S. District Court in San Francisco, Musk accused Altman of violating antitrust laws through the collaboration between OpenAI and Microsoft, […]
OpenAI in talks with California to become for-profit company: report
OpenAI, led by Sam Altman, is in early discussions with the California Attorney General's Office to change its corporate structure to become a for-profit company. Bloomberg News reported This was disclosed on Monday, citing two people familiar with the matter. Representatives for OpenAI and the California attorney general did not immediately respond to Reuters' requests […]
Sam Altman’s OpenAI pursuing switch to for-profit structure to avoid ‘hostile takeovers’: report
OpenAI is reportedly “pursuing” plans to abandon its nonprofit roots and reorganize as a for-profit entity, a move that has led Sam Altman and his allies to threaten a “hostile takeover” and leadership attack. It may protect against opposition. The company's board plans to reorganize as a public benefit corporation, an unusual structure in which […]
OpenAI Boss Sam Altman Consolidates His Power as *Another* Exec Departs, Org Mulls Going For-Profit
OpenAI, the leading AI company and developer of ChatGPT, is changing its corporate structure with its transformation to a for-profit company, while CEO Sam Altman consolidates his power with another high-profile executive leaving the organization. We are considering a major change in ownership. bloomberg report OpenAI, the company behind the popular chatbot ChatGPT, is reportedly […]
Kamala Claims She ‘Took on’ For-profit College; Left Students in Lurch
Claim: Kamala Harris “criticized one of the nation's largest for-profit colleges for ripping off students.” Verdict: Mostly wrong. Harris rejected a deal to save the university, disrupting the education of thousands of students. Vice President Kamala Harris doesn't have a long list of accomplishments. One of the few she's willing to list is her involvement […]
Mayor Adams’ half-baked LockerNYC program gives for-profit companies taxpayer resources
Another week, another pilot program. Mayor Adams debuted Locker New York City last week, allowing New Yorkers to pick up parcels at his seven sidewalk locations. However, like the previous pilot on e-bike charging for food delivery workers, this is more a public subsidy for private benefit than a technology-driven innovation. On Wednesday, the mayor […]
Lakers’ LeBron James, Drake are “strategic investors” in new for-profit PGA Tour
The two greatest names on earth are invested a large amount of capital To the PGA Tour. Los Angeles Lakers’ LeBron James and best-selling artist Drake are part of Strategic Sports Group (SSG), a consortium led by Fenway Sports Group (FSG) that will invest up to $3 billion in the tour. . new york times […]