OpenAI and Microsoft are negotiating Microsoft's $14B investment for equity in OpenAI, now a for-profit corp. OpenAI's ...
OpenAI's shift to a for-profit model with Microsoft's backing could redefine AI governance & industry standards. Microsoft ...
Microsoft has been OpenAI’s biggest financial backer since 2019, with the tech giant recently participating in a funding ...
OpenAI has to give up its non-profit status. This raises the question of how Microsoft, the largest donor, will be positioned ...
OpenAI is pursuing a largely untested corporate structure to defend itself from hostile takeovers and protect chief executive ...
Alongside this news, OpenAI also announced plans to move to a full-blown for-profit governance structure to attract more ...
The artificial intelligence start-up behind ChatGPT needs a legal structure that ensures its commitments can be enforced.
Microsoft's more than $13 billion investment in OpenAI means it would have a sizable amount of equity in the new structure, which might warrant antitrust regulation, the Journal reported.
How to get Microsoft Word, Excel ... a regulator may require answers to those questions. Any change to OpenAI's structure will require it to navigate the laws governing tax-exempt organizations.
Nonprofit tax experts have been closely watching OpenAI, the maker of ChatGPT, since last November when its board ousted and ...
OpenAI's deep-pocketed investors cannot own shares in the organization under its existing nonprofit governance structure, nor ...
READ MORE: Microsoft resigns from OpenAI board as ... professor emerita of tax law at Loyola Marymount University, noted that OpenAI’s structure appeared to be “painstakingly” designed ...