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This comes just days after OpenAI, led by chief executive Sam Altman, said it has decided not to become a for-profit company.
A central issue in the negotiations is determining how much equity Microsoft will receive in the restructured OpenAI in ...
Microsoft stock rose on Monday after a report that the company was revising the terms of its partnership with OpenAI to allow ...
OpenAI, backed by a $13 billion Microsoft investment, is renegotiating its deal to transition into a for-profit entity and ...
Microsoft has invested billions in OpenAI and ... converting the company entirely into a for-profit entity. In contrast, the IPO is for OpenAI’s business arm, wherein the non-profit will ...
OpenAI wants to set the stage for a potential IPO by restructuring into a more traditional for-profit entity. Microsoft aims to secure long-term access to OpenAI’s technology beyond their ...
OpenAI has been engaged in fruitful discussion with Microsoft to renegotiate their existing deal.According to Financial Times ...
The data center operator, which went public in March, forecast its second-quarter capital expenditure would be in the range ...
The ongoing discussions could transform OpenAI's setup, shifting it from its original nonprofit research focus to a mixed ...
Once the best of friends, OpenAI and its most important financial backer Microsoft Corp. are now involved in tough ...
OpenAI is restructuring its deal with Microsoft, aiming for an IPO while adjusting revenue sharing terms after the tech giant ...