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OpenAI's shakeup plan gets SoftBank's nod — all eyes now on Microsoft
The SoftBank CFO said OpenAI's planned restructuring with the nonprofit keeping control is something that was expected.
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 ...
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 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 ...
OpenAI plans to cut Microsoft revenue share after restructuring, The Information reports
OpenAI has told investors it will share a smaller fraction of revenue with major backer Microsoft as it moves ahead with its ...
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 ...
AI boom and D.C. hot mics: OpenAI and Microsoft go to Washington, Amazon surveys the field
Microsoft and OpenAI head to Washington for a hearing on AI policy; Amazon reveals how companies are making AI their top ...
A lot changed this week at OpenAI. Elon Musk calls it a 'facade.'
It's been a busy week for AI upstart OpenAI. Not only did the company abandon plans to convert itself into a for-profit ...