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OpenAI Considering Removing Cap On Profits For Investors – Report

NewsTech

Published:

Microsoft backed OpenAI is considering changing its legal structure in order to woo more investors, as per a report from the Financial Times. The firm, which pushed artificial intelligence into the limelight in 2022, has been busy expanding its services since then. Its current structure, which sees a for profit division overseen by a nonprofit model, has been criticized by several quarters, with one of the most vocal critics being Elon Musk. Now, as per three people quoted by the FT, OpenAI is interested in 'simplifying' its business as part of a process that could remove limits set on investors […]

Read full article at https://wccftech.com/openai-considering-removing-cap-on-profits-for-investors-report/

WccftechContinue reading/original-link]

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