OpenAI and Microsoft agree to new corporate structure

apnews.com

OpenAI and Microsoft have reached a new tentative agreement that will give OpenAI's nonprofit a $100 billion equity stake in its for-profit corporation. This agreement outlines the next phase of their partnership, though specific contractual terms are still being finalized. The deal comes amid regulatory scrutiny of OpenAI's corporate structure and AI safety concerns. OpenAI, founded as a nonprofit, has faced legal challenges and governmental inquiries regarding its governance and mission to benefit humanity.


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OpenAI and Microsoft agree to new corporate structure | News Minimalist