OpenAI restructures into public-benefit firm, Microsoft takes 27% stake
PositiveWorld Affairs
OpenAI has restructured into a public-benefit corporation, allowing it to raise capital more freely, and Microsoft has taken a significant 27% stake in the company. This move values OpenAI at an impressive $500 billion, highlighting the growing importance of AI technology in the market. This partnership not only strengthens OpenAI's financial position but also signals a commitment to developing AI responsibly for the public good.
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