Technology

Microsoft, OpenAI

As OpenAI restructures, Microsoft locks in long-term gains
OpenAI has become a public benefit corporation, giving Microsoft a 27% stake and long-term access to research methods
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.
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.”
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.
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.
With earnings on tap, Microsoft touches $4 trillion again after reaching OpenAI deal
With a new OpenAI partnership in hand, Microsoft is going into its earnings report Wednesday afternoon with a resolution to one of the biggest questions about its business.
OpenAI's new agreement with Microsoft gives the AI startup more freedom on its quest to raise billions
In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 billion.
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.

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