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.
The restructuring ends years of capital constraints for OpenAI, and grants Microsoft long-term technology access and new AGI ...
In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 ...
The shift establishes a nonprofit foundation overseeing a for-profit corporation, allowing the world’s most valuable startup ...
Days after announcing its conversion into a for-profit corporation, OpenAI is reportedly preparing for a mammoth initial ...