OpenAI completes for-profit shift, gives Microsoft 27% stake
1 day ago · Under the revised pact, Microsoft will get a stake in OpenAI worth about US$135 billion, the companies said in a statement Tuesday. In addition, Microsoft will have access to …
OpenAI restructures, Microsoft gets 27 percent stake
4 hours ago · OpenAI has completed a restructuring of the company, converting its for-profit arm into a public benefit corporation and giving its nonprofit a controlling stake, the ChatGPT …
OpenAI Reorganizaes With $135 Billion Microsoft Stake | TIME
5 hours ago · The nonprofit arm, now called the OpenAI Foundation, will have a $130 billion stake in the for-profit enterprise.
OpenAI reorganizes its structure to raise money and profit ...
9 hours ago · The company also said it has signed a new agreement with its longtime backer Microsoft that gives the software giant a roughly 27% stake in OpenAI’s new for-profit …
OpenAI completes for-profit restructuring and grants ...
7 hours ago · The restructuring ends years of capital constraints for OpenAI and grants Microsoft long-term technology access and new AGI rights under the updated deal.
OpenAI Converts to Public Benefit Corporation With Microsoft ...
10 hours ago · OpenAI’s for-profit arm finalized its conversion into a public-benefit corporation and reached a deal with Microsoft that will see the tech giant take a 27% stake.
Microsoft secures 27% stake in OpenAI in new deal, with ...
8 hours ago · Under the arrangement, Microsoft gets a 27% equity stake in OpenAI’s new for-profit entity, the OpenAI Group PBC (Public Benefit Corporation), a stake valued at …