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OpenAI has completed a restructuring of the company, converting its for-profit arm into a public benefit corporation and giving its nonprofit a controlling stake, the ChatGPT maker announced Tuesday.

(Bloomberg/Brody Ford) — Microsoft Corp. and OpenAI finalized a new agreement in a long-negotiated partnership. Under the new pact, Microsoft will get a 27% ownership stake in OpenAI worth about $135 ...

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 companies and ...

Sam Altman and OpenAI announced a new deal with Microsoft, setting revised terms for future AI development. (GeekWire File Photo / Todd Bishop) Microsoft and OpenAI announced the long-awaited details ...

Australia’s competition watchdog has sued Microsoft Corp. over the way the company rolled out artificial intelligence features to its productivity suite. The Australian Competition and Consumer ...

The move formalizes OpenAI’s ties with Microsoft, granting the tech giant long-term access to its AI models while locking in a $250 billion Azure commitment. OpenAI, the developer behind ChatGPT, has ...

Microsoft (MSFT) and OpenAI (OPAI.PVT) announced on Tuesday that they have reached a new agreement that lets the ChatGPT developer move forward with its plans to transform into a for-profit public ...

Wall Street analysts are now almost universally bullish on Microsoft Corp., with Guggenheim upgrading the software company to buy from hold ahead of its quarterly results. The upgrade means nearly 99% ...

Microsoft is a component of the Dow Jones index, which requires stock prices to stay similar to their peers'. Microsoft Azure is a huge part of Microsoft's growth story. The stock isn't cheap for the ...

Microsoft 365 personal plan price increased by 45% Cheaper 'classic' plan only revealed during cancellation process Regulator seeks penalties, consumer redress and costs from Microsoft Oct 27 (Reuters ...