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The final move comes after intense scrutiny from the attorneys general of California and Delaware, where the company is headquartered and incorporated, respectively. OpenAI hired a formidable policy team in California to get the restructuring over the line.
The artificial intelligence company said that the nonprofit that controlled the organization would receive a $130 billion stake in the new company.
OpenAI has officially rolled out ChatGPT Go, a new low-cost subscription tier designed to make advanced artificial intelligence tools more accessible to users in emerging markets. The launch marks a major shift in OpenAI’s pricing strategy, offering a bridge between the free version and the premium ChatGPT Plus plan.
ChatGPT-maker OpenAI urged the US government to significantly boost energy investment, warning of falling behind China in AI development. The company highlighted the immense strain AI infrastructure places on the electric grid,
Amended lawsuit claims OpenAI relaxed ChatGPT’s self-harm safeguards before a teen’s suicide, intensifying scrutiny of AI safety and corporate accountability.
To top it all off, TSMC's stock is relatively well-priced compared to many of its AI peers. The company's shares have a price-to-earnings ratio of 31.5, which is nearly on par with the average P/E ratio of 31 for the S&P 500 index and far lower than the tech sector's 47 average.
The new application offers a promising vision of where the internet is heading, though it make take more time to get there.