Microsoft, OpenAI restructure deal: What two companies gain and lose under the new agreement
OpenAI, the creator of ChatGPT, has completed a major corporate restructuring, converting its core business into a traditional for-profit entity called OpenAI Group PBC, which will remain under the control of its non-profit arm, now dubbed the OpenAI Foundation. The move, which took nearly a year to negotiate and removes a significant cloud of uncertainty,…