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Business & Funding

338 summarised stories in Business & Funding, each linking back to the original source. Browse all topics →

Monday, 11 March 2019

OpenAI LP

OpenAI 7 years ago 37

OpenAI established a new corporate structure called OpenAI LP, a capped-profit entity designed to accelerate investment in computing resources and personnel. The capped-profit model includes specific financial limits on returns to investors while maintaining operational flexibility. This restructuring aims to balance the company's commercial growth with mechanisms to ensure its stated mission of developing safe artificial intelligence is prioritized.

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