Marketplace Tech With Molly Wood
Bytes: Week in Review - OpenAI's for-profit troubles, FTC sues Uber and how VCs are weathering Trump tariffs
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Sinopsis
It's the last Friday in April and it's time for Marketplace Tech Bytes Week in Review. This week, we'll talk about how the Federal Trade Commission is suing Uber over its subscription service.Plus, how the VC world is navigating the uncertainty created by the trade war.But first, a nonprofit pivot is facing some challenges. Open AI, the maker of ChatGPT was founded about a decade ago as a nonprofit research lab. It's now looking to restructure as a for-profit — specifically, a public benefit corporationBut that transformation is facing resistance. About 10 former Open AI employees, along with several Nobel laureates and other experts, have written an open letter asking regulators in California and Delaware to block the change. They argue that nonprofit control is crucial to Open AI's mission, which is to “ensure that artificial general intelligence benefits all of humanity."Marketplace’s Stephanie Hughes spoke with Jewel Burks Solomon, managing partner at Collab Capital, about how unu