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technology19h ago

www.businessinsider.com
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Highlights
  • OpenAI and Microsoft sign a non-binding memorandum to extend their partnership into the next phase as OpenAI restructures for-profit status ahead of an IPO.
  • Regulators scrutinize the nonprofit restructuring to ensure safety goals remain central and charitable assets are protected during governance changes.
  • OpenAI's nonprofit board retains control of the for-profit subsidiary, a structure critics say could shape AGI governance and commercialization limits.

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References

As its Microsoft nightmare nears an end, OpenAI's 'full stack' dream comes into view

As its Microsoft nightmare nears an end, OpenAI's 'full stack' dream comes into view

OpenAI and Microsoft reach an understanding over ongoing contract negotiations — but AGI clause remains an uncertainty

OpenAI and Microsoft reach an understanding over ongoing contract negotiations — but AGI clause remains an uncertainty

OpenAI says nonprofit parent will own equity stake in company of over $100 billion

OpenAI says nonprofit parent will own equity stake in company of over $100 billion

Microsoft and OpenAI have a new deal that could clear the way for an IPO

Microsoft and OpenAI have a new deal that could clear the way for an IPO

OpenAI and Microsoft close to for-profit restructuring deal

OpenAI and Microsoft close to for-profit restructuring deal

OpenAI Edges Toward Becoming a For-Profit Company

OpenAI Edges Toward Becoming a For-Profit Company

OpenAI and Microsoft sign preliminary deal to revise partnership terms

OpenAI and Microsoft sign preliminary deal to revise partnership terms

Microsoft, OpenAI reach non-binding deal to allow OpenAI to restructure

OpenAI’s nonprofit parent company secures $100B equity stake while retaining control of AI giant

OpenAI’s nonprofit parent company secures $100B equity stake while retaining control of AI giant

Microsoft deal brings OpenAI closer to becoming a for-profit firm

Microsoft deal brings OpenAI closer to becoming a for-profit firm

OpenAI for-profit restructuring given go-ahead by Microsoft in new non-binding deal

OpenAI for-profit restructuring given go-ahead by Microsoft in new non-binding deal

OpenAI reaches new agreement with Microsoft to change its corporate structure

OpenAI reaches new agreement with Microsoft to change its corporate structure

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