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OpenAI, Microsoft and Restructuring Plan

OpenAI Ends Profit Cap in Restructure, Microsoft Yet to Sign Off

OpenAI lifts its profit cap and restructures as a public benefit company, but Microsoft approval remains uncertain.

Bloomberg · 6h

Microsoft Is Key Holdout for OpenAI Restructuring Plan

After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company, but its restructuring plans still have not received the blessing of a major stakeholder: Microsoft Corp.

Nordot on MSN · 16m

OpenAI scraps plans to transform into for-profit company

ChatGPT inventor OpenAI has reversed course on plans to transform into a for-profit company, announcing on Monday that it will remain under the control of its original non-profit entity. The decision follows consultations with state attorneys general in California and Delaware,

1h

OpenAI Reverses Course As Sam Altman Says Nonprofit Will Remain In Control Amid Elon Musk's Lawsuit And Investor Pushback

OpenAI, led by Sam Altman, has decided to retain nonprofit control over its for-profit operations, scaling back its ...

4hon MSN

OpenAI walks back for-profit shift but Microsoft isn’t happy: Here's what's happening

OpenAI plans to retain its nonprofit status while spinning off its for-profit arm into a Public Benefit Corporation, despite ...

4m

Elon Musk's lawyer says OpenAI's reform proposal 'changes nothing'

Earlier in the day, the ChatGPT maker said it would move forward with an effort to restructure its for-profit division as a ...

Devdiscourse10h

OpenAI: Balancing Profit and Mission

OpenAI announced it will remain under the control of its nonprofit parent while restructuring its for-profit arm to raise ...

3don MSN

Microsoft could bring Elon Musk's Grok AI model to Azure — Cozying up with OpenAI's arch-nemesis xAI for its AI Foundry

Microsoft is reportedly planning to host Elon Musk's Grok AI model. However, it won't host xAI's servers to train any of its ...

3h

Here's why Microsoft is key holdout for OpenAI's restructuring plan

Microsoft, which has invested $13.75 billion in the startup, remains the biggest holdout among investors as the ChatGPT maker ...

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