OpenAI chief executive does not plan to take company public

"When we develop super intelligence, we are likely to make some decisions that most investors would look at very strangely," Altman said.

"I don't want to be sued by ... public market, Wall Street etc, so no, not that interested," he replied to a question on whether he will take OpenAI public. OpenAI has so far raised $10 billion from Microsoft at a valuation of almost $30 billion as it invests more on building computing capacity.OpenAI started off as a non-profit organisation but later created a hybrid"capped-profit" company, that allowed it to raise external funds with a promise that the original non-profit operation still benefits.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Exclusive-Musk's Neuralink valued at about $5 billion despite long road to market(Reuters) - Elon Musk's brain implant startup Neuralink, which was valued at close to $2 billion in a private fundraising round two years ago, is now worth around $5 billion based on privately executed stock trades described to Reuters by five sources with knowledge of the matter.
Источник: staronline - 🏆 4. / 75 Прочитайте больше »