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

The new agreement maintains Microsoft as OpenAI’s frontier model partner and preserves Microsoft’s exclusive rights to OpenAI’s IP and Azure API exclusivity until the threshold of AGI is reached.

The joint announcement simply states that, “Once AGI is declared by OpenAI, that declaration will now be verified by an ...

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

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

Since 2019, Microsoft and OpenAI have shared a vision to advance artificial intelligence responsibly and make its benefits broadly accessible. What began as an investment in a research organization ...

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

Microsoft CEO Satya Nadella said the company is staying responsible with AI investments through fungible assets applicable to ...

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

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

OpenAI’s conversion to a for-profit structure is ready, along with a new deal thatshrinks Microsoft’s ownership stake and ...

When Microsoft and OpenAI announced their revised AI deal on Thursday, it reduced Microsoft’s ownership share of OpenAI, but seemed to give it everything that it wanted in exchange, analysts said.