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OpenAI secures Microsoft's blessing to transition its for-profit arm

OpenAI secures Microsoft's blessing to transition its for-profit arm
business9/11/2025

OpenAI and Microsoft say they reached a non-binding agreement on a revised partnership.

OpenAI announced Thursday it reached a non-binding agreement with Microsoft, its largest investor, on a revised partnership that would allow the startup to convert its for-profit arm into a public benefit corporation (PBC). The transition, should it ... [3548 chars]