OpenAI and Microsoft sign agreement to restructure OpenAI into a public benefit corporation with Microsoft retaining 27% stake — non-profit 'Open AI Foundation' tâ€Ĥ

OpenAI is restructuring into a public benefit corporation with Microsoft retaining a 27% stake in the new "OpenAI PBC," worth ...
DatacenterDynamics

OpenAI completes for-profit move, Microsoft given 27% stake and $250bn Azure contract but no longer has cloud right of first refusal

This January, OpenAI announced Stargate, a $500bn joint venture with cloud provider Oracle (as well as SoftBank, OpenAI, and ...
Windows Report

Microsoft Secures 27% Stake as OpenAI Turns Public Benefit

OpenAI turns into a public benefit corporation, giving Microsoft a 27% stake while keeping nonprofit oversight.
CBS News

Oracle, Silver Lake would play key roles in TikTok deal between Trump administration and China

Journalist Jo Ling Kent joined CBS News in July 2023 as the senior business and technology correspondent for CBS News. Kent has more than 15 years of experience covering the intersection of technology ...