How can OpenAI worth 30 billion usd while it is supposed to be a non-profit organization ?
Mohcine Heddi
6 replies
Howdy 🤠,
OpenAI announced its transition to a “capped profit” model in March 2019. At the time it was to attract investment or raise funds. And it’s done that. A question many have is why “open” access to models isn’t possible too?
Replies
Abdul Ella@abdul_ella
Download the latest Android apps and games for free! Stay updated with the newest releases in entertainment, productivity, and more. Explore a vast collection of top-rated apps and trending games, all available for free download. Enhance your Android experience today!
Share
OpenAIoperates with a hybrid structure: OpenAI LP, a for-profit entity, and OpenAI Inc., its non-profit parent. The for-profit arm allows it to attract substantial investment to fuel its advanced AI research and development. The $30 billion valuation reflects the high market potential and significant revenue-generating capabilities of OpenAI's technologies and products, despite its non-profit roots.
icccworldcup 2023 Schedule PDF Download: The ICC Men’s World Cup 2023 schedule is now available for download in PDF format. India will host the 13th edition of the ODI World Cup in October and November 2023. Originally scheduled for February to March 2023, the event was postponed due to COVID conditions.
OpenAI's valuation of $30 billion stems from its shift from a non-profit to a capped-profit model, which allows it to receive substantial funding while still setting limits on returns to investors. This model supports both its research goals and growth potential, making its high valuation feasible. You can estimate valuations using CalculatorFlares.
OpenAI started as a non-profit but transitioned to a capped-profit model in 2019, allowing it to attract major private investment while limiting investor returns. This change enabled rapid growth, contributing to its $30 billion valuation. For more, check this