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OpenAI, Microsoft in talks to facilitate IPO
Mint Kolkata
|May 12, 2025
OpenAI and Microsoft are rewriting the terms of their multi-billion-dollar partnership in a high-stakes negotiation designed to allow the ChatGPT maker to launch a future IPO, while protecting the software giant's access to cutting-edge AI models, the Financial Times reported on Sunday.
A critical issue is how much equity in OpenAI's new for-profit business Microsoft will receive in exchange for the more than $13 billion it has invested in the company to date, the report said.
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FLERE HISTORIER FRA Mint Kolkata
Mint Kolkata
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