Since 2019, Microsoft and OpenAI have shared a vision to advance artificial intelligence responsibly and make its benefits broadly accessible. What began as an investment in a research organization ...

The deal removes a major constraint on raising capital for OpenAI, which was founded as a nonprofit AI safety group.

In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 ...

The tech giant forms a team led by Microsoft AI chief Mustafa Suleyman to build top artificial-intelligence systems and ...

Microsoft has agreed to a deal that will allow OpenAI to become a for-profit company, likely paving the way for an IPO. The ...

The announcement comes in the wake of a renegotiated agreement between that determined Microsoft's stake in OpenAI and altered portions of their relationship.

Microsoft made its first investment in Sam Altman's OpenAI in 2019. It now holds a 27% in OpenAI's for-profit business.

OpenAI said it has reorganized its ownership structure and converted its business into a public benefit corporation.

Tesla CEO Elon Musk hit out at Microsoft's backing of OpenAI after Sam Altman suggested replacing the traditional office ...

The nonprofit arm, now called the OpenAI Foundation, will have a $130 billion stake in the for-profit enterprise.

OpenAI has become a public benefit corporation, giving Microsoft a 27% stake and long-term access to research methods ...

OpenAI’s conversion to a for-profit structure is ready, along with a new deal thatshrinks Microsoft’s ownership stake and ...