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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”.
OpenAI scraps plans to become fully for-profit, reaffirming nonprofit control after pressure from critics, investors, and ...
After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company, but ...
After months of public pressure over its effort to convert from a nonprofit into a more traditional moneymaking business, ...
OpenAI's new restructuring plan has implciations for its corporate future, especially if the organization hopes to one day ...
ChatGPT-maker OpenAI said it scrapped its for-profit conversion plan after discussions with civic leaders and the attorneys general of California and Delaware.
OpenAI on Monday announced a proposed restructuring that would give its nonprofit arm ongoing control of ChatGPT and the rest ...
As OpenAI restructures to emphasize its nonprofit roots and social mission, Microsoft remains cautious, holding back ...
OpenAI plans to retain its nonprofit status while spinning off its for-profit arm into a Public Benefit Corporation, despite ...
“The nonprofit status significantly reduces OpenAI’s ability to raise capital, as investors would want to be able to generate ...
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