OpenAI's Business Restructuring Faces Tensions with Microsoft Amid $20 Billion Deadline

Reported 1 day ago

OpenAI is under pressure to restructure its business to retain part of a $40 billion investment led by SoftBank, with negotiations becoming contentious with Microsoft, which has a significant stake in OpenAI. As OpenAI aims to transform its for-profit division into a public benefit corporation, disagreements over the terms of their partnership may impede its progress. If unresolved by year's end, OpenAI risks losing half of its funding, highlighting the complex dynamics of its relationship with Microsoft amid ongoing legal challenges.

Source: YAHOO

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