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

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.

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

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 ...