Comment,ChatGPT maker OpenAI’s next funding round, said to be around $6.5 billion, could close as soon as the end of next week.,That’s according to a new report in The Wall Street Journal, which also reveals that OpenAI’s rumored conversion from a nonprofit org into a for-profit company is now a virtual certainty. Investors in the new round will be able to pull back their money if OpenAI doesn’t complete the transition within two years, per the WSJ.,The WSJ piece paints a picture of a startup that, while having recently hit $4 billion in revenue, is still losing billions — and beset by internal clashes, a burnout-prone work culture, and technical delays. Researchers at the company reportedly had just nine days to safety-test GPT-4o, OpenAI’s recent flagship model, as OpenAI raced to debut the model to take attention away from Google’s annual I/O developer conference back in May.
