Meta demands to block OpenAI's transition from a non-profit to a for-profit company

 • 19322 переглядiв

Meta has asked the California Attorney General to block the change of OpenAI's status. The company believes that this will set a dangerous precedent for the abuse of tax benefits.

Meta has made an official request to California Attorney General Rob Bonta to block OpenAI from being a non-profit organization to a for-profit company. This was reported by Reuters, according to UNN.

Details

Meta believes that such a move could set a precedent that would allow startups to benefit from non-profit status until they become profitable.

The company also warns that the new OpenAI model could lead to abuses in the investment sector, including the use of tax incentives provided by the government to generate significant profits. 

However, there has been no official response from the California prosecutor's office yet.

OpenAI reports a serious service failure, ChatGPT is down12.12.24, 05:47

Ukrainian National News News of the World
Popular
Iranian Foreign Minister departs for Moscow for urgent meeting with Putin

 • 3908 переглядiв

Massive drone attack on Odesa: at least 13 people injured

 • 5232 переглядiв

Explosion occurs near a store in Kharkiv: grenade fuse found

 • 10209 переглядiв

News by theme
Meta demands to block OpenAI's transition from a non-profit to a for-profit company

 • 19322 переглядiв

Belgium announces increase in NATO Rapid Reaction Force: what is the country preparing for

 • 104542 переглядiв

Important Christian relic returned to Notre Dame

 • 20838 переглядiв

Movement of enemy drones spotted in some regions of Ukraine - Ukrainian Armed Forces

 • 20835 переглядiв

Georgia elects new president amid political crisis and protests

 • 19899 переглядiв

UN Security Council to hold a meeting on russia's massive attack on Ukraine

 • 78527 переглядiв

South Korean parliament again votes to impeach President Yun Suk-yeol

 • 17636 переглядiв

Occupants seize five settlements and advance in seven districts - DeepState

 • 18181 переглядiв

Ex-FBI agent admits to lying about bribes to Biden from Ukrainian company

 • 19329 переглядiв

Turkey reopens diplomatic mission in Syria after more than 11 years

 • 17867 переглядiв