Why OpenAI is becoming a for-profit business ...Middle East

OpenAI’s plans to restructure as a for-profit business mark a significant departure from its roots as a non-profit research lab grounded in a commitment to build artificial intelligence (AI) to “benefit humanity.”  However, the latest changes represent the culmination of a yearslong shift away from the ChatGPT maker’s foundations and toward a typical for-profit startup, experts told The Hill.  “Restructuring around a core for-profit entity formalizes what outsiders have known for some time: that OpenAI is seeking to profit in an industry that has received an enormous influx of investment in the last few years,” said Sarah Kreps, director of Cornell University’s Tech Policy Institute

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