OpenAI names members to its nonprofit commission

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ChatGPT maker OpenAI named members to its newly formed nonprofit commission on Tuesday, which will guide the company’s philanthropic efforts.

Microsoft-backed OpenAI in December outlined a plan to revamp its corporate structure, saying it would create a public benefit corporation to manage its growing business and ease the restrictions imposed by its existing nonprofit parent.

OpenAI, which last month said it would raise up to $40 billion in a new funding round valuing the company at $300 billion, named Daniel Zingale, who has held senior leadership…



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OpenAI names members to its nonprofit commission


ChatGPT maker OpenAI named members to its newly formed nonprofit commission on Tuesday, which will guide the company’s philanthropic efforts.

Microsoft-backed OpenAI in December outlined a plan to revamp its corporate structure, saying it would create a public benefit corporation to manage its growing business and ease the restrictions imposed by its existing nonprofit parent.

OpenAI, which last month said it would raise up to $40 billion in a new funding round valuing the company at $300 billion, named Daniel Zingale, who has held senior leadership…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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