OpenAI Completes For-Profit Transition, Pushing Microsoft Above $4 Trillion Valuation
PositiveTechnology

OpenAI has successfully transitioned to a for-profit model, which not only paves the way for a potential initial public offering but also enhances Microsoft's valuation to over $4 trillion with a 27% stake in the new public-benefit corporation. This move is significant as it marks a new chapter for OpenAI, allowing it to attract more investment and resources while aligning with Microsoft's strategic interests in AI technology.
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