OpenAI has completed its restructuring into a nonprofit with a controlling equity stake in its for-profit business. The nonprofit holds an equity stake currently worth about $130 billion in its ...

OpenAI has completed a restructuring of the company that now leaves it broken into two distinct businesses: a non-profit called the OpenAI Foundation, and a for-profit called OpenAI Group PBC.

(Bloomberg) -- OpenAI is giving its long-time backer Microsoft Corp. a 27% ownership stake as part of a restructuring plan that took nearly a year to negotiate, removing a major uncertainty for both ...

After alleged anticompetitive behavior in its multi-billion dollar partnership with OpenAI, Microsoft is reportedly getting ready to walk away from high-stake for-profit negotiations. When you ...