OpenAI reportedly wants to buy its ‘freedom’ through a for-profit restructuring ticket to keep hostile takeovers and outside interference from the likes of Microsoft at arm’s length
Just last week, OpenAI narrowly avoided financial ruin as several investors, such as Microsoft and NVIDIA, contributed an impressive $6.6 billion during their fundraising round. Previously, it was feared that OpenAI might be on the brink of bankruptcy, with market analysts predicting a potential loss of $5 billion within the upcoming year.