Microsoft-OpenAI deal: OpenAI is giving long-time backer Microsoft a 27% stake as part of a restructuring plan, which makes it a for-profit business.

The deal removes a major constraint on raising capital for OpenAI, the maker of ChatGPT, and values firm at $500bn.

The deal removes a major constraint on raising capital for OpenAI, the maker of ChatGPT, and values firm at $500bn.

OpenAI has completed its conversion to a for-profit entity, a move that could allow it to raise billions of dollars in investment and potentially...

OpenAI has completed its conversion to a for-profit entity, a move that could allow it to raise billions of dollars in investment and potentially...

Restructuring paves way for ChatGPT maker to more easily raise capital and profit off its AI technology

US software giant Microsoft said on Tuesday it has signed a new agreement with OpenAI, giving it a 27% stake in the ChatGPT developer and access to...

US software giant Microsoft said on Tuesday it has signed a new agreement with OpenAI, giving it a 27% stake in the ChatGPT developer and access to...

OpenAI and Amazon have signed a $38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems on Amazon's data centers in...

SEATTLE (AP) — OpenAI and Amazon have signed a $38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems on...