OpenAI Gives Microsoft 27% Stake, Completes For-Profit Shift
PositiveTechnology

OpenAI has officially granted Microsoft a 27% ownership stake, marking a significant milestone in their partnership. This restructuring, which took nearly a year to finalize, not only alleviates uncertainties for both companies but also paves the way for OpenAI to transition into a for-profit entity. This move is crucial as it allows OpenAI to secure more resources and innovate further, enhancing its offerings like ChatGPT.
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