OpenAI strikes new deal with Microsoft
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Cameo is suing OpenAI over Sora 2’s “cameo” feature, accusing the ChatGPT maker of using the name to compete directly with its personalized celebrity video service. The trademark infringement lawsuit filed in a California federal court on Tuesday alleges that OpenAI’s usage of cameo is “highly likely to dilute and tarnish” Cameo’s branding by confusing consumers to associate it with “ersatz,
Microsoft and OpenAI unveil a deal extending IP rights, adding independent AGI verification, and giving both sides more freedom while maintaining Azure ties.
Both companies were back at it on Tuesday, announcing deals that once again added billions in value to public companies.
The nonprofit arm, now called the OpenAI Foundation, will have a $130 billion stake in the for-profit enterprise.
OpenAI urges the US to treat electricity generation as a national-security and competitiveness priority essential to sustaining America’s AI leadership.
OpenAI established a for-profit arm valued at $500 billion Tuesday, doing so through a long-anticipated corporate restructure that provides Microsoft with a large stake in the new company as it looks to expand on its rapidly expanding artificial intelligence offerings.
Complex restructuring pays Microsoft handsomely but it’s unclear how other shareholders will fit into the AI love-in
Microsoft made its first investment in Sam Altman's OpenAI in 2019. It now holds a 27% in OpenAI's for-profit business.