The deal removes a major constraint on raising capital for OpenAI, which was founded as a nonprofit AI safety group.

Microsoft has added powerful no-code tools to Copilot, enabling Microsoft 365 users to build apps, automate workflows, and ...

OpenAI has become a public benefit corporation, giving Microsoft a 27% stake and long-term access to research methods ...

By far the most finicky part of OpenAI’s necessary conversion into a for-profit company was reconciling its convoluted ...

Plus: OpenAI has unveiled estimates of how many of ChatGPT's weekly users are experiencing severe mental health symptoms ...

Microsoft and OpenAI announced Monday a series of new business partnerships aimed to advance artificial intelligence ...

OpenAI said it has reorganized its ownership structure and converted its business into a public benefit corporation.

Microsoft and OpenAI on Tuesday said they had reached a deal to allow the ChatGPT maker to restructure itself into a public ...

Microsoft and OpenAI announced the long-awaited details of their new partnership agreement Tuesday morning — with concessions ...

As part of the new agreement, Microsoft holds a $135 billion stake in the for-profit OpenAI business public benefit ...

The nonprofit arm, now called the OpenAI Foundation, will have a $130 billion stake in the for-profit enterprise.