Microsoft and OpenAI announced a restructuring deal on Tuesday that frees the ChatGPT maker to move away from its nonprofit ...
The deal removes a major constraint on raising capital for OpenAI, which was founded as a nonprofit AI safety group.
OpenAI said it has reorganized its ownership structure and converted its business into a public benefit corporation ...
PayPal becomes first payment platform integrated into ChatGPT, enabling instant checkout for millions of users through new AI ...
OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation ...
Microsoft and OpenAI announced Monday a series of new business partnerships aimed to advance artificial intelligence ...
Microsoft made its first investment in Sam Altman's OpenAI in 2019. It now holds a 27% in OpenAI's for-profit business.
Microsoft lifted a funding restriction on OpenAI that became a point of conflict after ChatGPT took off required more ...
Microsoft will still hold a stake of about $135 billion, or 27%, in OpenAI Group PBC, which will be controlled by ...
OpenAI has restructured into a public benefit corporation with Microsoft retaining a 27% stake, unlocking new funding ...
Microsoft stock jumped more than 4% during the intraday Wall Street session on Tuesday, 28 October 2025, after the tech giant ...
The announcement doesn’t come as a complete surprise. A few days ago, SoftBank Group Corp. reportedly approved a $22.5 ...