OpenAI has no plans to go public! The CEO gave this reason
Cailian News Agency, June 7th (Editor Xia Junxiong)On Tuesday (June 6th local time), Sam Ultraman, co founder and CEO of OpenAI, a US technology company, stated that due to the company's very strange structure, there are no plans to go public.With the phenomenal application of chatGPT, OpenAI has become one of the hottest unicorn companies in the world, and whether and when the company will go public has naturally become a topic of concern in the capital market
Cailian News Agency, June 7th (Editor Xia Junxiong)On Tuesday (June 6th local time), Sam Ultraman, co founder and CEO of OpenAI, a US technology company, stated that due to the company's very strange structure, there are no plans to go public.
With the phenomenal application of chatGPT, OpenAI has become one of the hottest unicorn companies in the world, and whether and when the company will go public has naturally become a topic of concern in the capital market.
Ultraman said at a meeting in Abu Dhabi on Tuesday, "When we develop super intelligence, we may make some very strange decisions that most investors find very strange
When asked if OpenAI would go public, Ultraman replied, "I don't want to be sued by the public market and Wall Street, so (the answer is) no, I'm not that interested
OpenAI was founded in 2015 as a non-profit organization. In 2019, the company became a for-profit startup and received $1 billion in investment from Microsoft.
OpenAI defines itself as a capped profit enterprise, which allows it to raise external funds. In January of this year, Microsoft provided a second multi-year investment to OpenAI, reportedly reaching up to $10 billion, thereby helping OpenAI's current valuation approach $30 billion.
Ultraman said, "We have a very strange structure, we have a profit cap
When it comes to the development of artificial intelligence, Ultraman said, "What people don't understand about this technology is that the GPT-4 will look like a small toy in a few years and won't be as impressive anymore
Many studies have shown that artificial intelligence poses a potential threat to jobs in industries such as transportation and logistics, office support and management, production, services, and retail.
Ultraman commented that future jobs will look very different from many of today's jobs, and there will also be many opportunities.
Tag: OpenAI has no plans to go public The CEO
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