{"id":90296,"date":"2024-12-31T00:11:49","date_gmt":"2024-12-31T05:11:49","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=90296"},"modified":"2024-12-31T00:13:36","modified_gmt":"2024-12-31T05:13:36","slug":"openai-says-it-needs-more-capital-than-imagined","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2024\/openai-says-it-needs-more-capital-than-imagined.html","title":{"rendered":"OpenAI says it needs \u2018more capital than imagined\u2019"},"content":{"rendered":"\n<p>(CNBC) OpenAI says that in moving toward a new for-profit structure in 2025, the company will create a public benefit corporation to oversee commercial operations, removing some of its nonprofit restrictions and allowing it to function more like a high-growth startup. \u201cThe hundreds of billions of dollars that major companies are now investing into AI development show what it will really take for OpenAI to continue pursuing the mission.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/12\/27\/openai-needs-more-capital-than-wed-imagined-moves-to-for-profit.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) OpenAI says that in moving toward a new for-profit structure in 2025, the company will create a public benefit corporation to oversee commercial operations, removing some of its nonprofit restrictions and allowing it to function more like a high-growth [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-90296","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=90296"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90296\/revisions"}],"predecessor-version":[{"id":90297,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90296\/revisions\/90297"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=90296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=90296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=90296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}