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2024-10-18 16:10:56
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feeds.feedburner.com_1 on Nostr: Summary of Microsoft could end up with substantial equity in the restructured, ...

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



The source article:
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 multi-billion-dollar question — one the two parties are racing to answer ahead of 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 substantial. […] © 2024 TechCrunch. All rights reserved. For personal use only.

https://techcrunch.com/2024/10/18/microsoft-could-end-up-with-substantial-equity-in-the-restructured-for-profit-openai/

Microsoft and OpenAI are in talks to determine how much equity Microsoft will receive once OpenAI becomes a for-profit company.
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