Get the latest tech news

OpenAI Finalizes Corporate Restructuring, Gives Microsoft 27% Stake and Technology Access Until 2032


Microsoft and OpenAI have finalized a new agreement that removes uncertainty for investors and clears the path for OpenAI to restructure as a for-profit business. Microsoft receives a 27% ownership stake in OpenAI worth approximately $135 billion and retains access to the AI startup's technology unt...

None

Get the Android app

Or read this on Slashdot

Read more on:

Photo of Microsoft

Microsoft

Photo of Access

Access

Photo of Technology

Technology

Related news:

News photo

Apple Hits $4 Trillion Market Value, Joining Nvidia and Microsoft

News photo

Austrian ministry kicks out Microsoft in favor of Nextcloud

News photo

OpenAI completes corporate reorganization with support from Microsoft