News

OpenAI's updated restructuring plan provides 'path forward' according to activist group
OpenAI updated its plan to restructure itself into a public benefit corporation, or PBC, earlier this month, which could help the startup, which is backed heavily by Microsoft (NASDAQ:MSFT) and ...
What OpenAI’s restructuring plan means for its corporate future
OpenAI's new restructuring plan has implciations for its corporate future, especially if the organization hopes to one day ...
Microsoft Rewrites Its OpenAI Deal—And Investors Should Pay Close Attention
Microsoft Corporation (NASDAQ: MSFT) and OpenAI have announced that they are looking to reset their partnership. The reset is ...
SoftBank Backs OpenAI's Benefit-Corp Shake-up
SoftBank (SFTBY) edges up 1.8% as it throws its weight behind OpenAI's plan to restructure as a public benefit corporation, ...
OpenAI’s new for-profit plan leaves many unanswered questions
OpenAI has abandoned its controversial restructuring plan, but its new proposal leaves many unanswered questions.
Microsoft may take lower equity in OpenAI to secure long-term access to ChatGPT models: Report
OpenAI is renegotiating its contract with Microsoft to facilitate a future IPO, focusing on equity for Microsoft's $13 ...