OpenAI secures $40 billion investment, must go for-profit
OpenAI has finalized a deal for $40 billion in investments, potentially raising its valuation to $300 billion. SoftBank Group is leading the funding round, with an initial investment of $7.5 billion, alongside $2.5 billion from an investment group including Microsoft. A significant portion of the later investments, totaling $10 billion, is contingent on OpenAI transitioning to a for-profit structure by the end of 2025. The remaining funding is scheduled to be invested by the end of 2025. This potential shift contrasts with OpenAI's original mission as a non-profit focused on benefiting humanity without financial constraints. A for-profit structure would prioritize shareholders, potentially influencing future directions.