Microsoft and OpenAI unveil a deal extending IP rights, adding independent AGI verification, and giving both sides more ...
In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 ...
Microsoft made its first investment in Sam Altman's OpenAI in 2019. It now holds a 27% in OpenAI's for-profit business.
Microsoft emerges as the winner with significant concessions that make its original OpenAI investment well worthwhile.
Microsoft lifted a funding restriction on OpenAI that became a point of conflict after ChatGPT took off required more ...
Microsoft and OpenAI announced the long-awaited details of their new partnership agreement Tuesday morning — with concessions ...
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.
Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, ...
OpenAI said it has reorganized its ownership structure and converted its business into a public benefit corporation.
OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation ...