
OpenAI and Microsoft Advance Towards For-Profit Transition and Potential IPO
OpenAI is making significant strides in its negotiations with Microsoft to transition its nonprofit division into a for-profit model. This deal could unlock $100 billion in equity and pave the way for a potential IPO, marking a pivotal moment in OpenAI's evolution.

OpenAI and Microsoft Advance Towards For-Profit Transition and Potential IPO
OpenAI is making significant strides in its negotiations with Microsoft to transition its nonprofit division into a for-profit model. This deal could unlock $100 billion in equity and pave the way for a potential IPO, marking a pivotal moment in OpenAI's evolution.
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The latest update landed just 26 minutes ago
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Stay sharp in 60 seconds. Get concise summaries of today’s biggest stories — markets, tech, sports, and more