OpenAI and Microsoft Agree to Restructure Corporate Relationship

Reported about 7 hours ago

OpenAI has reached a tentative agreement with Microsoft to restructure its corporate relationship, granting its nonprofit entity a $100 billion equity stake in its for-profit subsidiary. While both companies express optimism about their partnership's next phase, regulatory scrutiny surrounds the proposed changes, particularly concerning the safety and governance of AI. Concerns have been raised by various officials regarding the implications of OpenAI's restructuring and its commitment to developing AI for humanity's benefit.

Source: YAHOO

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