The deal removes a major constraint on raising capital for OpenAI, which was founded as a nonprofit AI safety group.

Microsoft and OpenAI announced Monday a series of new business partnerships aimed to advance artificial intelligence ...

Microsoft and OpenAI announced a restructuring deal on Tuesday that frees the ChatGPT maker to move away from its nonprofit ...

OpenAI said it has reorganized its ownership structure and converted its business into a public benefit corporation.

Microsoft emerges as the winner with significant concessions that make its original OpenAI investment well worthwhile.

In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 ...

Microsoft and OpenAI unveil a deal extending IP rights, adding independent AGI verification, and giving both sides more ...

Microsoft CEO Satya Nadella faced pushback even from the company’s cofounder and original CEO Bill Gates, he recalled during ...

Microsoft lifted a funding restriction on OpenAI that became a point of conflict after ChatGPT took off required more ...

The nonprofit arm, now called the OpenAI Foundation, will have a $130 billion stake in the for-profit enterprise.

OpenAI's Chief Financial Officer Sarah Friar said in Riyadh on Wednesday that this week's deal with Microsoft allows the ...

Under the new pact, Microsoft will get a 27% ownership stake in OpenAI worth about $135 billion, the companies said in a ...