OpenAI Admits It Needs Vastly More Money Than It Thought

Of course it does.Fund and GamesThe former entirely-nonprofit-company known as OpenAI says it needs a boatload of more cash as it plans to transform its corporate structure to prioritize making money.In an announcement Friday, the ChatGPT maker argued that by creating a for-profit corporation to control its commercial enterprises, it can make the dough it needs to keep up with other leading AI developers.”The hundreds of billions of dollars that major companies are now investing into AI development show what it will really take for OpenAI to continue pursuing the…

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