Technology

Microsoft, OpenAI

Microsoft CEO Satya Nadella says Bill Gates warned him that investing in OpenAI would be like setting $1 billion on fire
Microsoft made its first investment in Sam Altman's OpenAI in 2019. It now holds a 27% in OpenAI's for-profit business.
Microsoft, OpenAI reach new deal valuing OpenAI at $500 billion
Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and giving it more freedom in its business operations.
Microsoft’s stock rises as new OpenAI partnership comes as a relief to investors
The new agreement values Microsoft’s 27% stake at $135 billion and extends its IP rights through 2032, giving Microsoft investors “upside optionality.”
OpenAI Completes For-Profit Transition, Pushing Microsoft Above $4 Trillion Valuation
Startup’s conversion clears obstacle for potential initial public offering, gives Microsoft 27% stake in new public-benefit corporation.
OpenAI finalizes restructure and revises Microsoft partnership
The new agreement with Microsoft gives the software giant a roughly 27% stake in OpenAI's new for-profit corporation while changing some parts of their close partnership.
OpenAI Converts to Public Benefit Corporation With Microsoft Taking 27% Stake
OpenAI’s for-profit arm finalized its conversion into a public benefit corporation and reached a deal with Microsoft that will see the tech giant take a 27% stake.
OpenAI may move forward with new business structure, partnership with Microsoft, regulators say
OpenAI also said it signed a new agreement with longtime backer Microsoft that gives the software giant a roughly 27% stake in OpenAI's new for-profit company.
Microsoft to Get 27% Stake of OpenAI, AI Model Access
A new deal in pact between Microsoft and open air. It's a new stake in open air p, b, c. What does that mean? Well, joining us is Bloomberg Tech co-host Caroline Hyde. And, Caroline, with these new agreements,

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