Microsoft and OpenAI unveil a deal extending IP rights, adding independent AGI verification, and giving both sides more ...
Microsoft emerges as the winner with significant concessions that make its original OpenAI investment well worthwhile.
Microsoft could also work with one or many of OpenAI’s own competitors in its race to hit AGI. Last month, Microsoft began ...
In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 ...
Microsoft made its first investment in Sam Altman's OpenAI in 2019. It now holds a 27% in OpenAI's for-profit business.
Microsoft's earnings per share could see improvement going forward, following OpenAI's transition to a for-profit company.
OpenAI's Chief Financial Officer Sarah Friar said in Riyadh on Wednesday that this week's deal with Microsoft allows the ...
OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation ...
OpenAI and Microsoft reached a deal to complete the startup's shift to for-profit. Jason Hiner, editor in chief for ZDNET, ...
Microsoft reported a $3.1 billion net income hit due to its OpenAI investment, following the AI partner's recent ...
However, Microsoft revealed a major drop in profit due to what it termed was an “equity method investment” in OpenAI Group ...
OpenAI announced Tuesday that it had completed a tumultuous corporate restructuring effort, simplifying a complex ownership ...