Tag: Nonprofit

OpenAI CEO Sam Altman announces no plans to go public, stating disinterest in Wall Street and public markets. Despite being valued at almost $30bn, scientists warn about the potential extinction-level risk of its content-generating AI like ChatGPT. Altman confirms the company's commitment to operating in the EU despite previously claiming they may leave if AI regulation laws became too difficult to comply with.

OpenAI CEO Sam Altman says the company has no plans to go public due to concerns over potential investor conflicts with its plans for super intelligence. The company operates under a hybrid capped-profit structure that allows external funds while benefiting the non-profit operation. OpenAI has raised $10bn from Microsoft at a valuation of almost $30bn as it invests more in building computing capacity.

OpenAI seeks to hire a Congressional Lead for their public policy team to work with US lawmakers developing a regulatory framework for advanced AI technology. With a salary range of $180,000-$230,000 per annum, the ideal candidate should have a Capitol Hill network and deep understanding of AI policy issues. The non-profit hopes to work with elected officials to mitigate the risks associated with increasingly powerful AI models.

OpenAI CEO Sam Altman chooses UberX over his impressive car collection for commuting due to time efficiency and cost-effectiveness. OpenAI, known for its groundbreaking language and image-generating AI models, received a $10 billion investment from Microsoft in 2021. Discover how OpenAI paved the way for the sensational ChatGPT model.

AI poses significant risks, say industry leaders. Mitigating their impact is a global priority along with other risks like war & pandemics.