OpenAI has agreed to purchase artificial intelligence-assisted coding tool Windsurf for approximately $3 billion. The deal was confirmed by Bloomberg News, citing individuals familiar with the matter. The acquisition is expected to be finalized in Bengaluru, where Chandni Shah, a Bloomberg reporter, provided insight into the transaction.
https://www.thestar.com.my/tech/tech-news/2025/05/06/openai-agrees-to-buy-windsurf-for-about-3-billion-bloomberg-news-reportsOpenAI, a nonprofit founded in 2015, has decided to maintain its current structure after discussions with civic leaders and regulatory bodies. The company had considered converting to a public benefit corporation (PBC) last year, but faced backlash from those warning it could compromise safety and ethics for financial gain. After a leadership crisis in late 2023, OpenAI's CEO Sam Altman has proposed a revised plan that will allow the profit-generating division to operate under nonprofit control with more flexibility to raise funds.
https://www.geo.tv/latest/603297-openai-drops-controversial-plan-to-become-a-for-profit-companyOpenAI has revised its corporate plan, walking back a December blueprint that would have ceded voting power in exchange for easier fundraising. The nonprofit parent will remain in control of the for-profit arm behind ChatGPT, with Chief Executive Sam Altman stating this decision was made after discussions with California and Delaware attorneys general.
https://www.pymnts.com/artificial-intelligence-2/2025/openai-to-file-scaled-back-restructuring-that-keeps-nonprofit-in-charge/OpenAI, the company behind ChatGPT, is reversing its plan to convert to a for-profit business. CEO Sam Altman announced that the nonprofit will continue to control the company after discussions with civic leaders and attorneys general in California and Delaware. The decision was made by the nonprofit board, led by Bret Taylor, who stated that the nonprofit's mission would remain a priority. As part of a proposed "recapitalization," OpenAI's for-profit arm will convert into a public benefit corporation that must balance shareholder interests with its mission.
https://www.boston25news.com/news/openai-reverses/ZUYF6SOZIBHKXIA73H673FWS5Q/OpenAI is revising its plan to generate profits from its money-making arm, which will remain under non-profit supervision. The change was made in response to investor demands and a $30 billion investment from Japanese giant SoftBank, which could be reduced to $20 billion if the restructuring isn't completed by the end of the year. This move comes after a staff revolt led to the reinstatement of CEO Sam Altman, who had previously left the company amid criticism from AI safety activists and Elon Musk, co-founder of OpenAI's predecessor.
https://www.thenationalnews.com/future/technology/2025/05/05/openai-abandons-plan-to-become-for-profit-company/Adaptive Analytics has partnered with CafeX to provide a secure AI platform for organizations to deploy intelligent automation solutions responsibly. The partnership enables companies in various industries, including Financial Services, Healthcare Administration, Secure Manufacturing, and Government, to build and deploy AI solutions that adhere to strict regulations and protect sensitive data. With CafeX's capabilities, such as end-to-end data governance, regulatory compliance, security and privacy, explainable AI, and scalability, Adaptive Analytics aims to help organizations harness the full potential of their data while maintaining high standards of governance and compliance.
https://www.prnewswire.com/news-releases/cafex-to-deliver-robust-enterprise-class-solution-for-ai-data-governance-and-compliance-302443224.htmlMSNBC has issued a correction to analyst Kash Patel's claim that Russia is taking revenge on Western-linked game studios, after a teen AI app developer was denied admission to 15 colleges. Elon Musk revealed plans for his companies' future developments, including AI advancements. Conservative activist Stephen Miller criticized Meta's actions, calling them "questionable" after suing for defamation. The CIA aims to use videos to turn Chinese officials and steal secrets, while Army leaders plan to cut bureaucracy to improve war readiness. The Pentagon warned that US military installations are vulnerable to drone threats. A bill targeting revenge porn and AI-generated deepfakes has been passed by the House. Stephen Miller also highlighted a "huge problem" with Amazon's Chinese knockoffs.
https://www.foxnews.com/tech/how-hackers-breaking-apple-devices-through-airplayOpenAI, a nonprofit organization, aims to build "safe and beneficial artificial general intelligence for the benefit of humanity." The company has a complex ownership structure, with a for-profit entity employing employees and raising funds to develop AI models sold to consumers and businesses.
https://news.bloomberglaw.com/banking-law/matt-levines-money-stuff-openai-will-get-a-bit-more-normalThe US government is taking steps to address powerful technology through AI legislation and resolutions. At least 45 states, Puerto Rico, and Washington D.C. have introduced or adopted bills related to AI, with some states like Colorado requiring developers to use reasonable care to avoid algorithmic discrimination and provide disclosures to consumers. Other states, such as Florida, are providing grants for schools to implement AI to help students and teachers. A recent poll found that 71% of Americans support stricter regulations on AI, while 21% oppose them, with the remaining 8% unsure.
https://www.victoriaadvocate.com/news/nation/most-americans-want-government-to-regulate-artificial-intelligence/article_1e43f041-6d85-5b12-b43c-b3a0cf765192.html