OpenAI is an artificial intelligence (AI) research laboratory consisting of the for-profit corporation OpenAI LP and its parent company, the non-profit OpenAI Inc. The company, considered a competitor to DeepMind, conducts research in the field of AI with the stated goal of promoting and developing friendly AI in a way that benefits humanity as a whole. The organization was founded in San Francisco in late 2015 by Elon Musk, Sam Altman, and others, who collectively pledged US$1 billion. Musk resigned from the board in February 2018 but remained a donor. In 2019, OpenAI LP received a US$1 billion investment from Microsoft.
In October 2015, Elon Musk, Sam Altman, and other investors announced the formation of OpenAI and pledged over US$1 billion to the venture. The organization stated they would "freely collaborate" with other institutions and researchers by making its patents and research open to the public.
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