Openai must restructure as a profit company by the end of the year to secure a full -term financing round worth $ 40 billion led by SoftBank, according to a source familiar with the matter.
The start of the artificial intelligence, currently supported by Microsoft, is currently in the final stages of capital education.
Softbank can expand its investments to $ 20 billion if Openai fails to complete its transition within the required time frame. The deadline represents a speedy time schedule for Openai, which initially had a two -year window to restructure after its last tour.
The transition to a profit entity is seen as it is very important to Openai’s ability to provide capital in the long run and continue to develop advanced artificial intelligence models. The company previously stated that without this shift, it may struggle to attract the necessary investment to maintain its ambitious efforts for research and development from artificial intelligence.
