OpenAI Negotiates With Microsoft To Unlock New Funding And Future IPO - FT
ReutersMay 11, 2025 2:06 PM
May 11 (Reuters) -
OPENAI NEGOTIATES WITH MICROSOFT TO UNLOCK NEW FUNDING AND FUTURE IPO - FT
OPENAI AND MICROSOFT REVISING THE TERMS OF A WIDER CONTRACT, FIRST DRAFTED WHEN MICROSOFT FIRST INVESTED $1BN INTO OPENAI IN 2019- FT
MICROSOFT OFFERING TO GIVE UP SOME EQUITY STAKE IN OPENAI’S NEW FOR-PROFIT BUSINESS TO ACCESS TO NEW TECH DEVELOPED BEYOND 2030 CUT OFF - FT
Source text: https://tinyurl.com/2a7clgch
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