OpenAI launches new company for funding safe artificial general intelligence

OpenAI today announced the creation of OpenAI LP, a for-profit company that will be owned and controlled by the OpenAI nonprofit organization's board of directors. The new Delaware-based limited partnership was created to speed progress toward OpenAI's goal of advancing AI and eventually creating safe artificial general intelligence (AGI) system. OpenAI LP plans to raise and invest billions of dollars in the years ahead. Unlike narrow artificial intelligence common today, which can predict the probability of outcomes or recommend content in your Facebook News Feed, OpenAI defines AGI as a highly autonomous system able to outperform humans at most tasks. Sam Altman will serve as CEO of the new entity, while Greg Brockman will act as CTO and Ilya Sutskever as chief scientist.