Cathie Wood's Ark is doubling down on OpenAI with at least $250 million in its new funding round
Business InsiderSEP 2024
OpenAI has gone through some tumultuous times, but it's still growing both financially and productivity-wise. Despite losing many of its founding executives and scientists, Sam Altman has still been able to push ahead with the development of GPT-5 and achieve another multi-billion-dollar funding round. OpenAI is enduring what all start-ups endure—balancing creativity with sound business practice.
Any shred of OpenAI's founding philosophy has now disappeared. With a profit-driven CEO and board, not to mention the liquidation of the entire nonprofit side of the organization, the ChatGPT creator is moving full steam ahead toward one thing: money. Everyone from former OpenAI employees to the general public know this won't be good for humanity, but it seems the goverment and the investment class aren't doing anything about it.