Technology

Microsoft, OpenAI

As OpenAI restructures, Microsoft locks in long-term gains
OpenAI has become a public benefit corporation, giving Microsoft a 27% stake and long-term access to research methods
OpenAI finalizes restructure and revises Microsoft partnership
The new agreement with Microsoft gives the software giant a roughly 27% stake in OpenAI's new for-profit corporation while changing some parts of their close partnership.
Microsoft CEO Satya Nadella says Bill Gates warned him that investing in OpenAI would be like setting $1 billion on fire
Microsoft made its first investment in Sam Altman's OpenAI in 2019. It now holds a 27% in OpenAI's for-profit business.
Microsoft’s stock rises as new OpenAI partnership comes as a relief to investors
The new agreement values Microsoft’s 27% stake at $135 billion and extends its IP rights through 2032, giving Microsoft investors “upside optionality.”
OpenAI Completes For-Profit Transition, Pushing Microsoft Above $4 Trillion Valuation
Startup’s conversion clears obstacle for potential initial public offering, gives Microsoft 27% stake in new public-benefit corporation.
OpenAI's new agreement with Microsoft gives the AI startup more freedom on its quest to raise billions
In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 billion.
Microsoft, OpenAI reach new deal valuing OpenAI at $500 billion
Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and giving it more freedom in its business operations.
OpenAI may move forward with new business structure, partnership with Microsoft, regulators say
OpenAI also said it signed a new agreement with longtime backer Microsoft that gives the software giant a roughly 27% stake in OpenAI's new for-profit company.

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