Microsoft has agreed to a deal that will allow OpenAI to become a for-profit company, likely paving the way for an IPO. The ...

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 ...

Now, that all seems to have resolved itself in Microsoft's favor. On Tuesday, OpenAI said it completed its recapitalization ...

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

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

Microsoft made its first investment in Sam Altman's OpenAI in 2019. It now holds a 27% in OpenAI's for-profit business.

Microsoft and OpenAI announced the long-awaited details of their new partnership agreement Tuesday morning — with concessions ...

Microsoft recently announced that the custom image generator, MAI-Image-1 is now availablein Bing Image Creator and Copilot ...

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 ...

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.