Microsoft, OpenAI restructure deal: What they gain and lose
OpenAI, creator of ChatGPT, has restructured into a for-profit entity, OpenAI Group PBC, under its non-profit arm. This move solidifies its partnership with Microsoft, granting the tech giant significant ownership and extended technology access until 2032. OpenAI gains operational freedom and capital-raising flexibility, while Microsoft loses exclusivity on some cloud services.
OpenAI, creator of ChatGPT, has restructured into a for-profit entity, OpenAI Group PBC, under its non-profit arm. This move solidifies its partnership with Microsoft, granting the tech giant significant ownership and extended technology access until 2032. OpenAI gains operational freedom and capital-raising flexibility, while Microsoft loses exclusivity on some cloud services.
