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.

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

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

Microsoft and OpenAI announced a restructuring deal on Tuesday that frees the ChatGPT maker to move away from its nonprofit ...

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

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

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

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

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

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