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Microsoft, OpenAI and Key Holdout

OpenAI Ends Profit Cap in Restructure, Microsoft Yet to Sign Off

OpenAI lifts its profit cap and restructures as a public benefit company, but Microsoft approval remains uncertain.

Bloomberg · 15h

Microsoft Is Key Holdout for OpenAI Restructuring Plan

After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company, but its restructuring plans still have not received the blessing of a major stakeholder: Microsoft Corp.

TipRanks on MSN · 5h

Microsoft the biggest holdout on OpenAI restructuring plan, Bloomberg reports

Microsoft (MSFT), which has invested $13.75B in OpenAI, remains the biggest holdout among investors as the maker of ChatGPT seeks to restructure,

OpenAI, Plan B

The New York Times · 3h

The Stakes for OpenAI’s Plan B

The giant artificial intelligence start-up dialed back its corporate reorganization plan, but big questions remain about its future.

The Wall Street Journal on MSN · 13h

OpenAI Abandons Planned For-Profit Conversion

OpenAI abandoned a controversial effort to place its juggernaut artificial-intelligence business under control of a for-profit entity and will instead remain under its founding nonprofit board. The move could complicate the company’s future fundraising efforts.

PCMag on MSN · 19h

OpenAI Backpedals on For-Profit Push

Facing a lawsuit from Elon Musk, regulatory probes, and pushback from civic leaders, OpenAI says the nonprofit will remain in control.

1hon MSN

OpenAI Drops For-Profit Move. What It Means for Microsoft Stock.

OpenAI has abandoned a plan to put its artificial-intelligence business under the control of a for-profit entity—a shift that ...

1h

Microsoft-Backed OpenAI To Snap Windsurf For $3 Billion To Strengthen AI Coding Power: Report

OpenAI to buy Windsurf for $3 billion, could help MSFT-backed OpenAI compete in AI-driven coding market. Stays nonprofit ...

4h

OpenAI to acquire AI coding tool Windsurf for $3B

OpenAI is reportedly acquiring Windsurf, an AI-powered coding assistant, for approximately $3 billion. The acquisition comes ...

The Information1h

What OpenAI’s Governance Reversal Means

OpenAI’s decision on Monday to change course on its corporate restructuring looks to be a smart business choice. OpenAI has ...

18h

OpenAI Backs Down on Restructuring Amid Pushback

OpenAI on Monday announced a proposed restructuring that would give its nonprofit arm ongoing control of ChatGPT and the rest ...

DatacenterDynamics1h

OpenAI drops plans to become a for-profit company, but also kills profit cap

OpenAI has officially dropped efforts to change the company to a for-profit business, but at the same time has reduced limits ...

Mashable SEA on MSN1h

OpenAI is buying Windsurf for $3 billion. What does that mean for ChatGPT?

OpenAI is buying AI startup Windsurf for the tidy sum of $3 billion. This is according to a Bloomberg report Tuesday, which ...

3hon MSN

Elon Musk to go ahead with lawsuit against OpenAI despite nonprofit control statement, lawyer says

Elon Musk plans to proceed with his highly watched lawsuit against OpenAI, his lawyer Marc Toberoff said on Monday, hours ...

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