OpenAI strikes new deal with Microsoft
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Microsoft and OpenAI unveil a deal extending IP rights, adding independent AGI verification, and giving both sides more ...
Microsoft made its first investment in Sam Altman's OpenAI in 2019. It now holds a 27% in OpenAI's for-profit business.
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.
The nonprofit arm, now called the OpenAI Foundation, will have a $130 billion stake in the for-profit enterprise.
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OpenAI may move forward with new business structure, partnership with Microsoft, regulators say
OpenAI said it has reorganized its ownership structure and converted its business into a public benefit corporation.
OpenAI established a for-profit arm valued at $500 billion Tuesday, doing so through a long-anticipated corporate restructure ...
Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, ...
OpenAI’s conversion to a for-profit structure is ready, along with a new deal thatshrinks Microsoft’s ownership stake and ...
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OpenAI may move forward with new business structure, partnership with Microsoft, regulator says
OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation ...
Uncertainty around Microsoft's future relationship with OpenAI had been a cloud over the stock until the companies announced ...
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