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Mohcine Heddi

How can OpenAI worth 30 billion usd while it is supposed to be a non-profit organization ?

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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?

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Icb
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Abdul Ella
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Amelia
Open access to AI models is not yet possible due to the high cost of training and maintaining models, intellectual property concerns, and the potential for misuse of models.Check Some models here
Amelia
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.
Abdul Ella
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.
Narmela
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
Amelia
OpenAI is a non-profit organization that has a capped profit model. This means that investors can earn a return on their investment, but the profit is capped at a certain amount. This allows OpenAI to raise money for its research while still maintaining its non-profit status. However, OpenAI has faced criticism for not making its models open access. This is because OpenAI is a non-profit organization, and many people believe that non-profit organizations should make their work available to the public. OpenAI has defended its decision to not make its models open access by saying that it needs to protect its intellectual property and that it needs to be able to charge for its services in order to continue its research.Get OpenAI apk from espacioapk