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OpenAI’s stunning US$150b valuation hinges on upending corporate structure, sources say

Malay Mail LogoMalay Mail9h ago

OpenAI’s stunning US$150b valuation hinges on upending corporate structure, sources say - Malay Mail

Quick Summary:

NEW YORK, Sept 13 — OpenAI’s new financing round is expected to come in the form of convertible notes, according to sour...

The San Francisco-based AI lab, founded in 2015 as a nonprofit research project, with the goal of building AI for the benefit of humanity, is currently controlled by a non-profit parent organisation.

Existing investors such as Thrive Capital, Khosla Ventures, as well as Microsoft are expected to participate.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-14 @ 12:13:07 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 526 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 22505393

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About Malay Mail

Malay Mail Logo

Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 8 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 10 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #106

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