OpenAI says the PBC will oversee commercial operations, and the nonprofit will hire staff to pursue charitable activities in health care, education, and science
OpenAI said Friday that in moving toward a new for-profit structure in 2025, the company will create a public benefit corporation … Bluesky: @davidwunderlich . Forums: r/OpenAI Bluesky: David Wunderlich / @davidwunderlich : “We once again need to raise more capital than we'd imagined.” — Not likely more than they imagined, given that @edzitron.com was able to predict the imminent need for another large capital raise with publicly available information. [embedded post] Forums: r/OpenAI : OpenAI says it needs 'more capital than we'd imagined' as it lays out for-profit plan - I mean, he did say $7 Trillion...