Microsoft and OpenAI have signed a new definitive agreement as part of OpenAI's restructuring, reducing Microsoft's stake.
The final move comes after intense scrutiny from the attorneys general of California and Delaware, where the company is headquartered and incorporated, respectively. OpenAI hired a formidable policy ...
OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation ...
In a press release, Microsoft opened a window on how much it has invested in OpenAI. The details also offer a look at the AI ...
Amazon is well-known for its e-commerce store and other services it provides, but one of its least-known parts is Amazon Web ...
PayPal has signed a deal with OpenAI to have its digital wallet embedded into ChatGPT so users can pay for items found through the leading ...
Microsoft is set to receive 20% of OpenAI's revenue under a new for-profit agreement. This strategic financial move ...
Sen. Josh Hawley and Sen. Richard Blumenthal are introducing legislation to crack down on tech companies that make AI chatbot ...
The new agreement values Microsoft’s 27% stake at $135 billion and extends its IP rights through 2032, giving Microsoft ...
Under the new pact, Microsoft will get a 27% ownership stake in OpenAI worth about $135 billion, the companies said in a ...
Nvidia, Microsoft, and Apple near $4 trillion as Alphabet and Amazon boost AI and cloud growth through automation.
Microsoft and OpenAI announced the long-awaited details of their new partnership agreement Tuesday morning — with concessions ...