OPENAI’S $500 BILLION RESTRUCTURE: MICROSOFT SECURES 27% STAKE IN PUBLIC-BENEFIT SHIFT
OpenAI, the firm that ignited the global Artificial Intelligence boom with ChatGPT, has officially formalized a colossal corporate restructuring, transitioning into a Public-Benefit Corporation (PBC). This seismic shift, finalized through a landmark deal with its primary partner, Microsoft, values the AI powerhouse at an unprecedented $500 billion. The move resolves long-standing corporate governance issues and grants the […]