OpenAI's nonprofit arm showed revenue of $45,000 last year, even though company is worth billions
Publishing timestamp: 2023-12-12 12:18:37
Summary
The article discusses OpenAI's nonprofit status and financial transparency issues. It mentions that OpenAI generated $44,485 in revenue in 2022 from investment income, but does not disclose the revenue from its for-profit division. Critics question how a company valued at $86 billion can be controlled by a charity. The article also mentions the firing and subsequent reinstatement of OpenAI's CEO, as well as the potential for OpenAI to give up its nonprofit status. It concludes by highlighting the need for more transparency and governance in OpenAI's operations.
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Keywords: business news, salesforce inc, microsoft corp, alphabet inc, breaking news: technology, enterprise, technology, business,