Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to halt OpenAI's transition to a for-profit.
But OpenAI has received more than $13 billion in funding from Microsoft over the years, and that money has come with a strange contractual agreement that the startup would stop allowing Microsoft to use any new technology it develops after AGI is achieved.
The corporate transition will allow OpenAI to raise more money and finally give its board the freedom to consider what its investors want.
OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to "raise more capital than we'd imagined," and remove the restrictions imposed on the startup by its current nonprofit parent.
OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it raise capital and stay ahead in the costly AI race against companies such as Google.
OpenAI has other AI tools like Sora, which quickly creates videos from text prompts. Another, Whisper, transcribes and translates speech into text.
The AI industry wants Trump’s Washington to embrace it as a bulwark against China. OpenAI is trying to lead the pack.
"We have a nonprofit and a for-profit today, and we will continue to have both, with the for-profit’s success enabling the nonprofit to be well funded, better sustained, and in a stronger position for the mission," OpenAI said.
If you are someone who trusts AI chatbots blindly then you might be in for a surprise. ChatGPT Search is apparently vulnerable to manipulation by website developers and owners. According to a report by the Guardian, the feature that lets AI chatbot search for information on the web can be altered with the help of hidden text on websites.
Until now, much of A.I.’s visual outputs have remained two-dimensional, something tech pioneers are looking to shift in the coming years. “Large world models” are an emerging form of A.I. that aims to build interactive three-dimensional scenes advancing the worlds of movies, games and simulators.
ChatGPT-maker OpenAI laid out plans on Friday for a new corporate structure shifting away from control by a nonprofit an issue of contention for the artificial intelligence trailblazer. OpenAI was founded as a nonprofit in 2015 and has since switched to a "capped" for-profit enterprise allowing for a limited level of money making.