OpenAI founds a for-profit company

The San Francisco-based research organization OpenAI was founded in 2015 as a non-profit company with the overarching goal of achieving a safe and socially beneficial AGI (Artificial General Intelligence). Amid great fanfare, high-profile investors like Elon Musk, Peter Thiel, and Reid Hoffman have pledged over $ 1 billion without supporting OpenAI’s ambitious plans.

In a move that surprised many, OpenAI decided to create a new …

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