OpenAI Advances Toward IPO with Microsoft Partnership
OpenAI is making significant strides in its transition to a for-profit model, having reached a preliminary agreement with Microsoft. This partnership could facilitate a potential IPO, with plans to secure $100 billion in equity for its nonprofit arm, marking a pivotal moment in OpenAI's evolution.
OpenAI Advances Toward IPO with Microsoft Partnership
OpenAI is making significant strides in its transition to a for-profit model, having reached a preliminary agreement with Microsoft. This partnership could facilitate a potential IPO, with plans to secure $100 billion in equity for its nonprofit arm, marking a pivotal moment in OpenAI's evolution.
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From major news outlets to specialized publications
The latest update landed just 37 minutes ago
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