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Friday, September 12, 2025

OpenAI reaches new agreement with Microsoft to change its corporate structure


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.

source https://www.seattletimes.com/business/openai-reaches-new-agreement-with-microsoft-to-change-its-corporate-structure/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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