Reported 30 days ago
OpenAI and Microsoft are grappling with the complex task of valuing OpenAI as it prepares to transition from a nonprofit to a for-profit entity. Legal experts indicate that multiple methods of valuation could lead to significant discrepancies, further complicated by OpenAI's ongoing losses of $5 billion and its unclear path to profitability. As both companies navigate the intricacies of equity division and profit rights, tensions mount, raising concerns over fair compensation and potential legal challenges in this unprecedented shift.
Source: YAHOO