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OpenAI Completes Major Reorganization With $135 Billion Microsoft Stake

OpenAI has completed a restructuring, dividing itself into a nonprofit and for-profit entity, the company announced on Tuesday.

· 3h · on MSN

OpenAI may move forward with new business structure, partnership with Microsoft, regulator says

· 4h

OpenAI Says It Has New For-Profit Business Structure, Adjusts Partnership With Microsoft

· 4h

Microsoft to Get 27% Stake of OpenAI, AI Model Access

Microsoft has $135 billion overall valuation ownership of the Public Benefit Corporation.

· 2h

Microsoft to get 27% of OpenAI, access to AI models until 2032

· 2h

Microsoft Keeps 27% Stake As OpenAI Gains Freedom In Restructured Deal

Microsoft, OpenAI reach new deal valuing OpenAI at $500 billion

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

Reuters

Microsoft, OpenAI reach non-binding deal to allow OpenAI to restructure

Sept 11 (Reuters) - Microsoft (MSFT.O), opens new tab and OpenAI said on Thursday they have signed a non-binding deal for new relationship terms that would allow OpenAI to proceed to restructure itself into a for-profit company, marking a new phase of the ...