Inside Microsoft’s earnings was a charge that caught analysts by surprise: a $4.1 billion hit on its investment in OpenAI.
Microsoft emerges as the winner with significant concessions that make its original OpenAI investment well worthwhile.
In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 ...
Microsoft and OpenAI unveil a deal extending IP rights, adding independent AGI verification, and giving both sides more ...
Microsoft and OpenAI announced a restructuring deal on Tuesday that frees the ChatGPT maker to move away from its nonprofit ...
The deal removes a major constraint on raising capital for OpenAI, which was founded as a nonprofit AI safety group.
Microsoft and OpenAI announced Monday a series of new business partnerships aimed to advance artificial intelligence ...
The software giant is giving longtime backer Microsoft a 27% ownership stake worth about $135 billion as part of the ...
By far the most finicky part of OpenAI’s necessary conversion into a for-profit company was reconciling its convoluted ...
OpenAI's Chief Financial Officer Sarah Friar said in Riyadh on Wednesday that this week's deal with Microsoft allows the ...
Under the new pact, Microsoft will get a 27% ownership stake in OpenAI worth about $135 billion, the companies said in a ...
Microsoft lifted a funding restriction on OpenAI that became a point of conflict after ChatGPT took off required more ...