Microsoft's OpenAI bet may finally pay off with a 30% equity stake in the ChatGPT maker's for-profit arm — worth $150 billion

Microsoft could potentially acquire new equity in OpenAI, potentially worth up to $150 billion, with a 30% stake. Read More

Microsoft, OpenAI Sign Non-Binding Deal To Reshape Partnership As ChatGPT Maker Pushes $500 Billion Valuation

Microsoft and OpenAI signed a non-binding agreement to reshape their partnership, paving the way for OpenAI's for-profit restructuring. Read More

OpenAI and Microsoft agree to change the structure of the ChatGPT maker

OpenAI has reached a new tentative agreement with Microsoft and said its nonprofit, which technically controls its business, will now be given a $100 billion equity stake in its for-profit corporation ... Read More

OpenAI's Nonprofit Parent to Own More Than $100B Stake in ChatGPT Maker

OpenAI said its nonprofit parent will have an equity stake exceeding $100 billion in the ChatGPT maker, making it "one of the most well-resourced philanthropic organizations in the world." ... Read More

OpenAI, Microsoft Gear Up For 'Next Phase’ Of Partnership As ChatGPT Maker Nears For-Profit Conversion

OpenAI proposed that its nonprofit firm would control a new Public Benefit Corporation (PBC) and also hold an equity stake of over $100 billion in it. Read More

ChatGPT maker touts how AI benefits Californians amid safety concerns

OpenAI, the maker of popular chatbot ChatGPT, outlined how artificial intelligence is creating jobs and making Californians more productive as the tech company faced heightened safety concerns this ... Read More