In a landmark move, OpenAI has restructured into a public benefit corporation, a deal estimated to value the company at $500 billion. This strategic transformation, in partnership with Microsoft, provides OpenAI with greater freedom in its operations, facilitating much-needed capital raising while maintaining its core mission.
This agreement nullifies constraints from a 2019 arrangement, giving Microsoft substantial rights over OpenAI's work in exchange for cloud services. As OpenAI's ChatGPT gained immense popularity, tensions rose between the companies due to these limitations, now resolved under the new structure.
By allowing OpenAI to leverage other cloud services beyond Microsoft Azure, the deal shifts AI development to a multi-cloud infrastructure model. This pivotal change, while

Devdiscourse

RadarOnline
Salon
NBC News NFL
The Daily Beast
FOX 32 Chicago Politics