OpenAI has officially announced its transition into a Public Benefit Corporation, embracing a new corporate structure. In this new framework, shareholders will have a direct stake in the company. Our mission at OpenAI is to ensure that Artificial General Intelligence (AGI) benefits all of humanity, with both non-profit and for-profit entities currently in operation.
We began our journey in 2015 as a simple research lab. As AI technology advanced, so did our need for greater funding and computational power. In 2019, we evolved into a startup, estimating that $10 billion would be required to bring AGI to fruition.
Our plan is to transform our for-profit entity into a Public Benefit Corporation, which will allow us to raise funds under standard terms. The non-profit entity will emerge as one of the most resourceful in history, focusing on charitable activities. This transformation is designed to better enable us to fulfill our mission.
The influence of OpenAI is not only seen in our own innovations but also in spurring competition and security across the AI field. Our products, such as ChatGPT, have found widespread application in everyday life. New research paradigms and models demonstrate powerful reasoning capabilities.
To sustain our mission, we must transform our corporate structure to ensure that the AGI economy benefits humanity. On this path, we have made significant strides, yet more funding and support are essential.
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OpenAI has officially announced its transition into a Public Benefit Corporation, embracing a new corporate structure. In this new framework, shareholders will have a direct stake in the company. Our mission at OpenAI is to ensure that Artificial General Intelligence (AGI) benefits all of humanity, with both non-profit and for-profit entities currently in operation.
We began our journey in 2015 as a simple research lab. As AI technology advanced, so did our need for greater funding and computational power. In 2019, we evolved into a startup, estimating that $10 billion would be required to bring AGI to fruition.
Our plan is to transform our for-profit entity into a Public Benefit Corporation, which will allow us to raise funds under standard terms. The non-profit entity will emerge as one of the most resourceful in history, focusing on charitable activities. This transformation is designed to better enable us to fulfill our mission.
The influence of OpenAI is not only seen in our own innovations but also in spurring competition and security across the AI field. Our products, such as ChatGPT, have found widespread application in everyday life. New research paradigms and models demonstrate powerful reasoning capabilities.
To sustain our mission, we must transform our corporate structure to ensure that the AGI economy benefits humanity. On this path, we have made significant strides, yet more funding and support are essential.
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