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OpenAI to Complete For-Profit Transition by Year-End to Raise Full $40 Billion

  • #Artificial Intelligence
  • #Science & technology
  • #Money
OpenAI to Complete For-Profit Transition by Year-End to Raise Full $40 Billion
story
MAR 31
Above: SoftBank Group CEO Masayoshi Son (left) and OpenAI CEO Sam Altman (right) at the "Transforming Business through AI" event in Tokyo, Japan, on Feb. 3, 2025. Image copyright: Tomohiro Ohsumi/Stringer/Getty Images News via Getty Images
story last updated MAR 31

The Spin

Narrative A

SoftBank's decision to tie its investment to OpenAI’s transition to a for-profit structure is financially sound. Without this shift, OpenAI will struggle to secure the funding needed to continue developing the cutting-edge AI models that have made it a household name.

Opentools

Narrative B

SoftBank’s push to fast-track OpenAI’s shift to a for-profit model risks intensifying an already contentious process. OpenAI was already grappling with the problems posed by a two-year transition amid Elon Musk’s lawsuit and Microsoft negotiations — forcing it to happen in one year could plunge the company into chaos.

Ainvest

Metaculus Prediction


Public Figures

Sam Altman

Elon Musk


The Controversies


UNLIKELYLIKELY
Status:Open
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