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OpenAI to slash Microsoft’s share of revenue post restructuring by half within next 5 years: Report
The rebalancing of revenue shares comes at a time when OpenAI is actively restructuring its organizational structure and revenue model, and removed the limit on how much returns its investors can get. On May 5, the firm officially confirmed that its nonprofit will continue to be in charge and convert into a “Public Benefit Corporation”.
After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company, but ...
OpenAI scraps plans to become fully for-profit, reaffirming nonprofit control after pressure from critics, investors, and ...
OpenAI's new restructuring plan has implciations for its corporate future, especially if the organization hopes to one day ...
The push to restructure reflects OpenAI’s growing business ambitions. Read more at straitstimes.com. Read more at ...
OpenAI on Monday announced a proposed restructuring that would give its nonprofit arm ongoing control of ChatGPT and the rest ...
ChatGPT-maker OpenAI said it scrapped its for-profit conversion plan after discussions with civic leaders and the attorneys general of California and Delaware.
For much of the past year, OpenAI has been pushing ahead with a complicated effort to turn itself from a nonprofit into a ...
ChatGPT maker OpenAI said it will no longer seek to restructure into a for-profit company separate from its nonprofit board, ...
OpenAI says it will stay on the nonprofit course as it overhauls its for-profit arm into a public benefit corporation. What ...
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