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

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

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 ...

Microsoft and OpenAI announced a restructuring deal on Tuesday that frees the ChatGPT maker to move away from its nonprofit ...

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

The startup’s conversion clears an obstacle for a potential IPO and gives Microsoft a 27% stake in the new public-benefit ...

Microsoft lifted a funding restriction on OpenAI that became a point of conflict after ChatGPT took off required more ...

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