Figuring Outย โขย 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 yourselfย โขย 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
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Medialย โขย 1y
In 2015, OpenAI started as a nonprofit with a big goal: to make AI helpful for everyone. But things changed. OpenAI turned into a for-profit company. Now itโs facing backlash from tech leaders like Mark Zuckerberg and Elon Musk. They say this chan
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Medialย โขย 1y
OpenAI saga- Saturday Startup Story - 5 : In December 2015, Elon Musk, Sam Altman, and others co-founded OpenAI with a mission to ensure artificial general intelligence (AGI) benefits all of humanity. Initially structured as a non-profit, OpenAI aim
See MoreHey I am on Medialย โขย 11m
๐ OpenAIโs 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: โช๏ธ 2015: Founded as a non-profit with $1B in fundin
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Hey, I'm on Medialย โขย 10m
OpenAIโs Journey Till Now 2015: OpenAI is founded as a non-profit with $1B committed from supporters, but received just around $130M in total donations, which included less than $45M from Elon Musk and about $90M from other donors 2016-2017: Open
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Hey I am on Medialย โขย 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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