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Microsoft could end up with substantial equity in the restructured, for-profit OpenAI
Microsoft and OpenAI are reportedly negotiating over how much equity the former will get in OpenAI once OpenAI converts to a for-profit.
That’s the multi-billion-dollar question — one the two parties are racing to answer ahead of a two-year deadline. As of October, OpenAI is the second-most valuable startup in the U.S. behind SpaceX. The negotiations come as OpenAI’s president, Greg Brockman, is reportedly planning to return from an extended leave as soon as November.
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