Microsoft emerges as the winner with significant concessions that make its original OpenAI investment well worthwhile.

In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 ...

Microsoft could also work with one or many of OpenAI’s own competitors in its race to hit AGI. Last month, Microsoft began ...

Microsoft and OpenAI unveil a deal extending IP rights, adding independent AGI verification, and giving both sides more ...

Microsoft and OpenAI announced Monday a series of new business partnerships aimed to advance artificial intelligence ...

ZDNET's key takeaways OpenAI finalized its restructuring, prioritizing AI.Its nonprofit arm is now called the OpenAI ...

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

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

Microsoft lifted a funding restriction on OpenAI that became a point of conflict after ChatGPT took off required more ...

The deal removes a major constraint on raising capital for OpenAI, which was founded as a nonprofit AI safety group.

The nonprofit arm, now called the OpenAI Foundation, will have a $130 billion stake in the for-profit enterprise.

OpenAI's Chief Financial Officer Sarah Friar said in Riyadh on Wednesday that this week's deal with Microsoft allows the ...