To Compete With Google, OpenAI Seeks Investors–and Profits

The Bay Area is famed for nurturing speculative investments like flying cars, floating cities, and the notion that a ride hailing service can turn a profit. A new utopian investment opportunity arrived Monday: Shovel dollars into a San Francisco artificial intelligence lab cofounded by Elon Musk and you'll receive a share of the profits when (or if) it figures out how to create machines smarter than humans. That pitch comes from OpenAI, an independent AI research lab cofounded as a nonprofit in 2015 by Musk and Sam Altman, the president of startup incubator YCombinator. Its stated mission was to safely create software as capable as people, which it terms artificial general intelligence or AGI, and share the benefits with the world. The founders argued society shouldn't have to hope that profit-seeking tech giants would do that.