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OpenAI restructures into public-benefit firm, Microsoft takes 27% stake
The deal removes a major constraint on raising capital for OpenAI, the maker of ChatGPT, and values firm at $500bn.
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cnbc.com
OpenAI completes restructure, solidifying Microsoft as a major shareholder
The nonprofit holds an equity stake currently worth about $130 billion in its for-profit arm.
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aljazeera.com
OpenAI restructures into public-benefit firm, Microsoft takes 27% stake
The deal removes a major constraint on raising capital for OpenAI, the maker of ChatGPT, and values firm at $500bn.
