Monday, March 11, 2019

OpenAI creates a new "capped-profit" company called OpenAI LP which will raise outside investments but will have a capped return (Greg Brockman/OpenAI)

Greg Brockman / OpenAI:
OpenAI creates a new “capped-profit” company called OpenAI LP which will raise outside investments but will have a capped return  —  We've created OpenAI LP, a new “capped-profit” company that allows us to rapidly increase our investments in compute and talent while including checks and balances to actualize our mission.



from Techmeme https://ift.tt/2He82mW

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