OpenAI has projected that by the end of the decade it will be sharing about 8% of its revenue with commercial partners, ...

OpenAI has reached a new tentative agreement with Microsoft and said its nonprofit, which technically controls its business, ...

Microsoft said they are still negotiating the future of their partnership, but declined to provide details, while OpenAI ...

OpenAI has reached a new tentative agreement with Microsoft and said its nonprofit, which technically controls its business, ...

Microsoft and OpenAI restructure: nonprofit gains $100B stake in for-profit arm, boosting funds for safe AGI and historic ...

OpenAI’s transition to a profit-driven business model makes it a better candidate for an IPO or an acquisition.

OpenAI plans to reduce the share of its revenue paid to partners from about 20% to 8% by 2030. OpenAI is renegotiating cloud ...

OpenAI seems to be on a roll with high-profile partners, after recently announcing a mega multi-billion dollar deal with ...

Microsoft and OpenAI redefine their partnership, allowing OpenAI to pursue for-profit status and more independence.

OpenAI has reached a tentative agreement to revise its partnership with Microsoft, its biggest investor. This move will allow OpenAI to transition from a nonprofit to a for-profit company. The ...

OpenAI has projected that by the end of the decade it will be sharing about 8% of its revenue with commercial partners, namely Microsoft, down from the current 20%, The Information reported on Friday.

The headline change? OpenAI wants to morph its for-profit arm into a public benefit corporation (PBC), a legal structure that ...