Microsoft and OpenAI Announce New Partnership and Investment Developments
TL;DR Summary
OpenAI and Microsoft have reached a preliminary agreement to revise their partnership, allowing OpenAI to restructure itself and address its complex organizational structure, while continuing to collaborate on AI development. The deal aims to balance OpenAI's growth needs with Microsoft's access to AI technology, but still requires regulatory approval and faces opposition from some groups.
- OpenAI and Microsoft reach tentative deal to revise partnership Axios
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- OpenAI’s nonprofit parent company secures $100B equity stake while retaining control of AI giant Fox Business
- A joint statement from Microsoft and OpenAI The Official Microsoft Blog
- Statement on OpenAI’s Nonprofit and PBC OpenAI
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