Twelve former OpenAI staffers have filed a legal brief in support of Elon Musk's lawsuit, saying that the company's restructuring is against its original mission.
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OpenAI secures $40 billion in largest private funding round. The investment, led by SoftBank Group, values OpenAI at $300 billion to advance AI research.
OpenAI is changing its corporate structure again to raise more funds and better support its mission. It plans to transform into a Public Benefit Corporation (PBC) while retaining its non-profit arm.