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 ...

This new system means Microsoft will now have a stake in OpenAI with an approximate value of $135 billion. Microsoft will ...

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

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

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

Microsoft and OpenAI have announced they are redefining their partnership as part of a major recapitalization effort aimed at ...

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

OpenAI’s latest restructuring loosens Microsoft’s control, empowering the company to partner with Jony Ive on a potential ...

Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, ...

The announcement doesn’t come as a complete surprise. A few days ago, SoftBank Group Corp. reportedly approved a $22.5 ...

The new agreement with Microsoft gives the software giant a roughly 27% stake in OpenAI's new for-profit corporation while ...