News

OpenAI's shakeup plan gets SoftBank's nod — all eyes now on Microsoft
The SoftBank CFO said OpenAI's planned restructuring with the nonprofit keeping control is something that was expected.
SoftBank approves of OpenAI's restructuring process following Microsoft's recent contract renegotiations
SoftBank boosts AI ambitions with strategic investments in OpenAI. Learn how their partnership with Microsoft could shape the ...
Microsoft Corporation (MSFT) Reportedly Changing Its Deal With ChatGPT
But an unresolved issue is the amount of equity in the start-up that Microsoft Corporation (MSFT) would receive, she stated.
OpenAI expects to cut share of revenue it pays Microsoft by 2030
OpenAI sees itself paying a lower share of revenue to its investor and close partner Microsoft by 2030 than it currently does ...
OpenAI Backtracks, Says Nonprofit Will Retain Control: How Did Musk & Microsoft Respond?
OpenAI scraps plans to become fully for-profit, reaffirming nonprofit control after pressure from critics, investors, and ...
OpenAI plans to cut Microsoft revenue share after restructuring, The Information reports
OpenAI has told investors it will share a smaller fraction of revenue with major backer Microsoft as it moves ahead with its ...
Microsoft may take lower equity in OpenAI to secure long-term access to ChatGPT models: Report
OpenAI is renegotiating its contract with Microsoft to facilitate a future IPO, focusing on equity for Microsoft's $13 ...
$100B Stargate AI Project From OpenAI and SoftBank Stalls – Here’s Why
OpenAI CEO Sam Altman confirmed he visited Stargate’s first data center site in Abilene, Texas, which is still moving forward ...