Surprise and Shock as ChatGPT maker OpenAI takes a HUGE U-Turn: It is Elon Musk, Microsoft or …
[ad_1] ChatGPT-maker OpenAI has announced that its non-profit will maintain control over the business behind ChatGPT and other AI products, reversing its vocal plans to transition into a for-profit entity. Should we term it Surprise or Shock – Or Both? The announcement reportedly follows months of internal debate, external scrutiny and escalating conflicts with key stakeholders -- including Microsoft and co-founder Elon Musk. “We made the decision for the nonprofit to stay in control after hearing from civic leaders and having discussions with the offices of the Attorneys General of California and Delaware,” CEO Sam Altman wrote in a letter to employees, informing of the decision. Bret Taylor, chair of OpenAI’s nonprofit board, added that the board opted to retain nonprofit oversight, converting OpenAI’s for-profit arm into a public benefit corporation that balances shareholder interests with its mission.Microsoft and OpenAI […]