Microsoft could end up with substantial equity in the restructured, for-profit OpenAI

How much equity in OpenAI will Microsoft get once the former becomes a for-profit company? That’s the multibillion-dollar question — one the two parties are racing to answer ahead of a two-year deadline. The Wall Street Journal reports that both Microsoft and OpenAI have hired investment banks to negotiate Microsoft’s equity — which could be […] © 2024 TechCrunch. All rights reserved. For personal use only.

Oct 19, 2024 - 02:00
Microsoft could end up with substantial equity in the restructured, for-profit OpenAI

How much equity in OpenAI will Microsoft get once the former becomes a for-profit company? That’s the multibillion-dollar question — one the two parties are racing to answer ahead of a two-year deadline. The Wall Street Journal reports that both Microsoft and OpenAI have hired investment banks to negotiate Microsoft’s equity — which could be […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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