OpenAI non-profit names leaders, plans to spend $1 billion this year, Bloomberg News reports

FILE PHOTO: OpenAI logo is seen in this illustration taken May 20, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

March ⁠24 (Reuters) - ⁠OpenAI is making ‌several key hires ​to lead ⁠its non-profit ⁠arm and ⁠is planning ‌to ⁠spend $1 billion ​in ‌various AI-related ⁠investments ​this year ⁠through the ​non-profit unit, Bloomberg News ⁠reported on Tuesday.

(Reporting by ​Deborah ⁠Sophia ​in ‌Bengaluru; Editing ​by Maju Samuel)