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OpenAI may pay its nonprofit arm ‘billions of dollars’ in conversion to for-profit
OpenAI’s transition away from a for-profit corporation that’s governed by a nonprofit board is well underway — and the nonprofit could be compensated royally for it. That’s according to The New York Times, which reports that OpenAI is in discussions to pay the nonprofit billions of dollars for it to cede control. There’s pressure to…
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EU privacy body weighs in on some tricky GenAI lawfulness questions
The European Data Protection Board (EDPB) published an opinion on Wednesday that explores how AI developers might use personal data to develop and deploy AI models, such as large language models (LLMs), without falling foul of the bloc’s privacy laws. The Board plays a key steering role in the application of these laws, issuing guidance…
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Sam Altman-backed nuclear startup Oklo lands massive data center power deal, with caveats
Among the hurdles, Oklo still hasn’t received approval from the Nuclear Regulatory Commission after having its previous application denied. © 2024 TechCrunch. All rights reserved. For personal use only.