OpenAI said its closer to converting into a more traditional for-profit company nearing the resolution of painful negotiations with top shareholder Microsoft Corp. and outlining terms of at least $10… [+354 chars]
OpenAI Realignment to Give Nonprofit Over $100 Billion Stake - Bloomberg.com
OpenAI said it’s closer to converting into a more traditional for-profit company — nearing the resolution of painful negotiations with top shareholder Microsoft Corp. and outlining terms of at least $100 billion in equity for its nonprofit arm.
By:Shirin Ghaffary, Matt Day
Source:Bloomberg
Published:
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