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Slack has raised our charges by $195k per year

news.ycombinator.com Unknown 2025-09-18 01:37:11

For nearly 11 years, Hack Club - a nonprofit that provides coding education and community to teenagers worldwide - has used Slack as the tool for communication. We weren’t freeloaders. A few years ago, when Slack transitioned us from their free nonprofit plan to a $5,000/year arrangement, we happily paid. It was reasonable, and we valued the service they provided to our community. However, two days ago, Slack reached out to us and said that if we don’t agree to pay an extra $50k this week and $

Topics: free nonprofit slack small years
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Microsoft and OpenAI announce the 'next phase' of their partnership

engadget.com Unknown 2025-09-27 08:52:47

Microsoft and OpenAI have issued a joint statement to say that they have signed a non-binding memorandum of understanding for the "next phase" of their partnership. The companies are still finalizing the terms of agreement and haven't shared the details of what their future would look like exactly. But according to The New York Times, the deal includes hows the parties share technology and and the revenue from those technologies. The new agreement also reportedly modifies the clause in the origi

Topics: agreement microsoft nonprofit openai profit
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OpenAI secures Microsoft’s blessing to transition its for-profit arm

techcrunch.com Maxwell Zeff 2025-09-27 08:18:29

OpenAI announced Thursday it reached a non-binding agreement with Microsoft, its largest investor, on a revised partnership that would allow the startup to convert its for-profit arm into a public benefit corporation (PBC). The transition, should it be cleared by state regulators, could allow OpenAI to raise additional capital from investors and, eventually, become a public company. In a blog post, OpenAI Board Chairman Bret Taylor said under the non-binding agreement with Microsoft, OpenAI’s

Topics: microsoft musk nonprofit openai startup
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OpenAI says nonprofit parent will own equity stake in company of over $100 billion

cnbc.com Ashley Capoot 2025-09-27 17:49:16

Microsoft Chairman and Chief Executive Officer Satya Nadella (L), speaks with OpenAI Chief Executive Officer Sam Altman, who joined by video during the Microsoft Build 2025, conference in Seattle, Washington on May 19, 2025. OpenAI on Thursday said its nonprofit parent will continue to have oversight over the company and will own an equity stake of more than $100 billion. The artificial intelligence startup, recently valued at $500 billion, said this structure will make the nonprofit "one of t

Topics: company microsoft nonprofit openai said
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OpenAI Gets Conspiracy-Brained, Sues Nonprofits

gizmodo.com Aj Dellinger 2025-10-13 21:15:25

Sam Altman and Elon Musk have been locked in an ongoing standoff over the fact that OpenAI has operated like a for-profit business despite its nonprofit status. The fight, which has been ongoing in the court of public opinion for years and in the actual courts for months, is starting to rack up collateral damage. According to a report from the San Francisco Standard, critics of OpenAI have started receiving subpoenas from the AI firm over what the company’s leadership seems to believe is a consp

Topics: ai company musk nonprofit openai
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Court blocks FTC investigation into Media Matters' alleged scheme against X

engadget.com Unknown 2025-11-09 22:00:21

The court has blocked the Federal Trade Commission's investigation into Media Matters, the media nonprofit that previously published research showing that ads appeared on X alongside neo-Nazi and other antisemitic content. In 2023, Elon Musk's X filed a lawsuit against the media watchdog following an advertiser exodus. It accused Media Matters of "knowingly and maliciously manufactur[ing] side-by-side images depicting advertisers' posts on X Corp.'s social media platform beside Neo-Nazi and whit

Topics: ftc group matters media nonprofit
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