As OpenAI attracts new investment, balancing profit with purpose is getting more challenging to pull off

OpenAI, the artificial intelligence company that developed the popular ChatGPT chatbot and the text-to-art program Dall-E, is at a crossroads. On Oct. 2, 2024, it announced that it had obtained US$6.6 billion in new funding from investors and that the business was worth an estimated $157 billion—making it only the second startup ever to be valued at over $100 billion.

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