OpenAI completes shift to becoming for-profit entity
Source: BBC
Lily JamaliNorth America Technology Correspondent, San FranciscoReutersOpenAI has completed its long-planned conversion to a for-profit entity, a move that could allow it to raise billions of dollars in investment and potentially clear the way for a stock market debut.As part of the arrangement, OpenAI and Microsoft announced changes to their longstanding partnership that leave the tech giant with a 27% stake in…
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