Figuring Out • 10m
Don't get me wrong, but I can't understand why Elon who is running a for-profit company (XAi) is making so much effort to not let OpenAi turn for profit I know that OpenAi was started as a non profit company, but they aldredy turned into a capped profit company, so what's a big deal in turning for-profit? Pretty sure it's just to avoid competition as ChatGPT is still leading with ~60% market share while XAi don't even come close.
Believe in yourself • 1y
Sam Altman is considering turning OpenAI into a regular company: Sam Altman, CEO of OpenAI, is thinking about changing OpenAI from a "capped-profit" structure to a regular, for-profit company. OpenAI currently operates with a for-profit branch gover
See MoreHey I am on Medial • 11m
🚀 OpenAI’s valuation curve looks like a SpaceX launch From a non-profit in 2015 to a $157B AI powerhouse in 2024, Eric Flaningam's chart perfectly captures the wild trajectory. Some key moments: ▪️ 2015: Founded as a non-profit with $1B in fundin
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Hey I am on Medial • 4m
Grok code theft scandal! A former xAI engineer quit after allegedly stealing the entire Grok codebase and joining OpenAI. Musk confirmed the breach. 1) Before leaving, the employee cashed out $7M worth of xAI stock 2) xAI has already filed a lawsu
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