Microsoft has agreed to a deal that will allow OpenAI to become a for-profit company, likely paving the way for an IPO. The ...

Microsoft and OpenAI announced a restructuring deal on Tuesday that frees the ChatGPT maker to move away from its nonprofit ...

OpenAI has become a public benefit corporation, giving Microsoft a 27% stake and long-term access to research methods ...

OpenAI said it has reorganized its ownership structure and converted its business into a public benefit corporation.

Now, that all seems to have resolved itself in Microsoft's favor. On Tuesday, OpenAI said it completed its recapitalization and simplified its corporate structure. The non-profit entity is now called ...

OpenAI’s conversion to a for-profit structure is ready, along with a new deal thatshrinks Microsoft’s ownership stake and defines AGI.

Sam Altman outlined a loose roadmap for what's to come, including Microsoft's role and OpenAI's goals for achieving ...

The announcement doesn’t come as a complete surprise. A few days ago, SoftBank Group Corp. reportedly approved a $22.5 billion funding round for OpenAI it had originally announced in March. The ...

Microsoft and OpenAI on Tuesday said they have reached a new agreement that lets the ChatGPT developer move forward with its plans to transform into a for-profit public benefit corporation.

The announcement comes in the wake of a renegotiated agreement between that determined Microsoft's stake in OpenAI and altered portions of their relationship.

The tech giant forms a team led by Microsoft AI chief Mustafa Suleyman to build top artificial-intelligence systems and ...

Microsoft researchers say that an OpenAI API is being abused by bad actors for long-term 'espionage' operations.