silicon valley Archives

OpenAI Shifts from Nonprofit to For-Profit

TechMetroo3 months ago3 months ago02 mins

OpenAI, the Silicon Valley giant behind ChatGPT, is abandoning its nonprofit roots in favor of a for-profit model. Founded in 2015 as a nonprofit, OpenAI once prided itself on pursuing “advanced digital intelligence” free from financial pressures. But that’s changing, with the board stepping back into a minority position and full control shifting to CEO…

Y Combinator is expanding to Four Cohorts Per Year

TechMetroo3 months ago3 months ago02 mins

Y Combinator, the renowned startup accelerator behind companies like Airbnb and Stripe, is set to expand its cohorts from two to four annually starting in 2025. According to a report by Bloomberg, This change means the accelerator will be active almost year-round, with new spring and fall cohorts joining the traditional winter and summer ones….