We value your privacy

We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies.

Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

Hi, what are you looking for?

slide 3 of 2
DOGE0.070.84%SOL19.370.72%USDC1.000.01%BNB287.900.44%AVAX15.990.06%XLM0.080.37%
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Technology

Technology

According to The Information, the CEO of OpenAI has stated that the organization could become a for-profit corporation.

Avatar photo

Published

Listen to the article now

Photo: OpenAI CEO Sam Altman
Reuters

According to The Information, OpenAI CEO Sam Altman informed some shareholders that the company is exploring shifting its governance structure to a for-profit business that is independent of the nonprofit board.

According to the story, Altman stated that the board is considering forming a for-profit benefit corporation, which rivals such as Anthropic and xAI are already doing.

According to The Information, the restructuring negotiations are ongoing, and Altman and his colleagues may finally opt to take a different strategy.
In response to Reuters’ questions regarding the story, OpenAI stated: “We remain committed to developing AI that benefits everyone.” “The nonprofit is central to our mission and will continue to exist.”

In this article:, , , , , , ,

Comment Template

GDP p.c.

Real Gross Domestic Product per Capita

60,422.000.57%

U.S. 10 Yr

10-Year Treasury Constant Maturity Rate

3.532.49%

S&P 500

Standard and Poor's 500

3,991.050.38%

DJIA

Dow Jones Industrial Average

32,800.350%

Editor's Picks

5G Technology - Communication

5G Technology: The Future of Communication
By Gary Baker,  9 min read

5G Technology: The Future of Communication Background about 5G technologies Since 5G technology is gradually entering our daily lives and the phrase is used more frequently, we deemed it necessary to explain what it truly is to you.   The beginning of 1G in 1979 The 1G, or first “Generation,” mobile network was the first...  Read more

The Top 10 Business Books Of 2023 - Photo of some books laying on table

The Top 10 Business Books Of 2023: Reviews And Recommendations…
By Olya Smith,  19 min read

THE TOP 10 BUSINESS BOOKS OF 2023: REVIEWS AND RECOMMENDATIONS FOR ENTREPRENEURS Entrepreneurial success is all about staying informed and constantly learning. So stay ahead of the curve with our list of the top 10 business books of 2023, packed with insights, strategies, and success stories to take your business to the next level.  ...  Read more

Mindfulness In Business: two women planning for business

The Benefits Of Mindfulness In Business: How To Cultivate A…
By Gary Baker,  9 min read

THE BENEFITS OF MINDFULNESS IN BUSINESS: HOW TO CULTIVATE A CALM AND FOCUSED MINDSET Unlocking the Power of the Mind: The Surprising Benefits of Mindfulness in Business” – Discover how cultivating a calm and focused mindset through mindfulness can revolutionize your professional life. KEY TAKEAWAYS Mindfulness assists individuals in being calm and focused, leading to...  Read more

People Profiles

Britain's King Charles and Queen Camilla attend the Royal Family's Christmas Day service at St. Mary Magdalene's church, as the Royals take residence at the Sandringham estate in eastern England, Britain December 25, 2023. REUTERS/Chris Radburn

UK's King Charles urges compassion and care for the environment…
By Anna Kovalenko,  2 min read

UK’s King Charles urges compassion and care for the environment in conflict. Utilizing his Christmas Day address to emphasize the significance of kindness, compassion, and care for the environment, King Charles of the United Kingdom issued a call to action on Monday, urging everyone to assist those less fortunate amid economic struggle and worldwide strife....  Read more

Charles McGonigal, a former FBI official who has been charged with working for sanctioned Russian oligarch Oleg Deripaska, arrives at Federal Court in New York City, U.S., March 8, 2023. REUTERS/Brendan McDermid/File Photo

An ex-FBI official is to be sentenced in the US…
By Anna Kovalenko,  2 min read

An ex-FBI official is to be sentenced in the US over work for Russia’s Deripaska. On Thursday, a former FBI officer is scheduled to be sentenced for his involvement in working for Oleg Deripaska, a Russian businessman subject to sanctions imposed by the United States government. Prosecutors have referred to Deripaska as President Vladimir Putin’s...  Read more

You May Also Like

ChatGPT-Tops-Global-App-Downloads-in-March ChatGPT-Tops-Global-App-Downloads-in-March

Technology

ChatGPT Tops Global App Downloads in March

ChatGPT Surpasses Instagram and TikTok as the Most Downloaded App in March In a groundbreaking development, ChatGPT has claimed the top spot as the...

Sat, 2025-Apr-12 08:48:55
Dropbox-CCO-Eric-Cox-to-Step-Down Dropbox-CCO-Eric-Cox-to-Step-Down

Technology

Dropbox CCO Eric Cox to Step Down

Understanding the Leadership Transition at Dropbox Dropbox is undergoing a significant leadership change as Eric Cox, the company’s chief customer officer, prepares to step...

Sat, 2025-Apr-12 07:07:31
OpenAI-Plans-GPT-4-Phase-Out-Soon OpenAI-Plans-GPT-4-Phase-Out-Soon

Technology

OpenAI Plans GPT-4 Phase-Out Soon

Understanding the Evolution of OpenAI’s GPT Models OpenAI has announced that GPT-4, a groundbreaking AI model introduced over two years ago, will soon be...

Sat, 2025-Apr-12 07:02:45
Ireland-Probes-X-Over-Grok-AI-Data-Use Ireland-Probes-X-Over-Grok-AI-Data-Use

Business

Ireland Probes X Over Grok AI Data Use

**Excerpt:** *"Elon Musk’s X is under investigation by Ireland’s Data Protection Commission (DPC) over allegations it violated EU privacy laws by using personal user...

Fri, 2025-Apr-11 20:29:58

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok