OpenAI and Microsoft finally have a new deal
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In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 ...
The shift establishes a nonprofit foundation overseeing a for-profit corporation, allowing the world’s most valuable startup ...
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.
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OpenAI Successfully Sheds Its Roots as an Ethical Non-Profit
OpenAI completed its restructuring into a for-profit public benefit corporation, untangling billions of dollars of investment ...
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Why OpenAI’s Restructuring Is a Victory for Sam Altman
To achieve this restructuring, Altman needed to renegotiate the terms of OpenAI’s agreement with Microsoft, its largest ...
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