News

OpenAI restructure plan gets SoftBank blessing as AI startup reportedly renegotiates Microsoft terms
SoftBank's finance chief Yoshimitsu Goto said during an earnings press conference on Tuesday that "nothing has really changed ...
Microsoft to lay off 3% of global workforce — roughly 7K jobs — in shift to develop AI
Microsoft is cutting roughly 3% of its global workforce as the company shifts more resources toward the race to develop ...
OpenAI’s IPO aspirations prompt rethink of Microsoft alliance
As OpenAI eyes a public offering, discussions with Microsoft focus on future technology access and investment structures.
SoftBank approves of OpenAI's restructuring process following Microsoft's recent contract renegotiations
SoftBank boosts AI ambitions with strategic investments in OpenAI. Learn how their partnership with Microsoft could shape the ...
OpenAI expects to cut share of revenue it pays Microsoft by 2030
OpenAI sees itself paying a lower share of revenue to its investor and close partner Microsoft by 2030 than it currently does ...
Microsoft Corporation (MSFT) Reportedly Changing Its Deal With ChatGPT
But an unresolved issue is the amount of equity in the start-up that Microsoft Corporation (MSFT) would receive, she stated.
OpenAI Backtracks, Says Nonprofit Will Retain Control: How Did Musk & Microsoft Respond?
OpenAI scraps plans to become fully for-profit, reaffirming nonprofit control after pressure from critics, investors, and ...