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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://mas.to/users/carnage4life/statuses/113052905144450708">Dare Obasanjo (carnage4life@mas.to)'s status on Saturday, 31-Aug-2024 07:35:23 JST</a><a href="https://mas.to/@carnage4life" title="carnage4life@mas.to"><img src="https://gnusocial.jp/avatar/80117-48-20240718151437.webp" width="48" height="48" alt="Dare Obasanjo" style="position: absolute; left: 0; top: 0;">Dare Obasanjo</a></section><article><p>OpenAI is planning to update its corporate structure from a non-profit  to a for-profit to make itself more attractive for a new funding round valuing it at over $100B with Nvidia, Apple and Microsoft as potential investors.</p><p>This is the most predictable tech story of the year.</p><p>OpenAI being a non-profit has been a farce for several years and it would be great to stop insulting everyone’s intelligence and formalize it as just another well funded tech startup.</p><p><a href="https://www.ft.com/content/841f6e58-b1bb-4c8e-bce0-a4c0b46ee2f8" rel="nofollow noreferrer">https://www.ft.com/content/841f6e58-b1bb-4c8e-bce0-a4c0b46ee2f8</a></p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/3592061#notice-7046965">In conversation</a><time datetime="2024-08-31T07:35:23+09:00" title="Saturday, 31-Aug-2024 07:35:23 JST">about 8 months ago</time> <span>from <span><a href="https://mas.to/@carnage4life/113052905144450708" rel="external" title="Sent from mas.to via ActivityPub">mas.to</a></span></span><a href="https://mas.to/@carnage4life/113052905144450708">permalink</a><h4>Attachments</h4><ol><li><label><a rel="external" href="https://gnusocial.jp/attachment/3103371">Untitled attachment</a></label><br><a href="https://media.mas.to/media_attachments/files/113/052/904/720/725/071/original/1db423ab2395a02d.jpeg" rel="external">https://media.mas.to/media_attachments/files/113/052/904/720/725/071/original/1db423ab2395a02d.jpeg</a></li></ol></footer></blockquote>

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Dare Obasanjo (carnage4life@mas.to)'s status on Saturday, 31-Aug-2024 07:35:23 JST Dare Obasanjo
OpenAI is planning to update its corporate structure from a non-profit to a for-profit to make itself more attractive for a new funding round valuing it at over $100B with Nvidia, Apple and Microsoft as potential investors.
This is the most predictable tech story of the year.
OpenAI being a non-profit has been a farce for several years and it would be great to stop insulting everyone’s intelligence and formalize it as just another well funded tech startup.
https://www.ft.com/content/841f6e58-b1bb-4c8e-bce0-a4c0b46ee2f8
In conversationabout 8 months ago from mas.topermalink
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