The deal removes a major constraint on raising capital for OpenAI, the maker of ChatGPT, and values firm at $500bn.
The deal removes a major constraint on raising capital for OpenAI, the maker of ChatGPT, and values the firm at $500bn.
By Reuters
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Microsoft and OpenAI have reached a deal to allow the ChatGPT maker to restructure itself into a public-benefit corporation, valuing OpenAI at $500bn and giving it more freedom in its business operations.
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