Don Van Natta Jr. Close Don Van Natta Jr. ESPN Senior Writer Host and co-executive producer of the new ESPN series, “Backstory” Member of three Pulitzer Prize-winning teams for national, explanatory and public service journalism Author of three books, including New York Times best-selling “First Off the Tee: Presidential Hackers, Duffers, and Cheaters from Taft to Bush” 24-year newspaper career …
Read More »OpenAI Completes For-Profit Transition, Pushing Microsoft Above $4 Trillion Valuation – WSJ The Wall Street Journal Microsoft and OpenAI’s new for-profit deal gives Windows maker 27% stake Yahoo Finance Exclusive | OpenAI’s Promise to Stay in California Helped Clear the Path for Its IPO The Wall Street Journal OpenAI Restructures as For-Profit Company The New York Times The next chapter of the Microsoft–OpenAI partnership The …
Read More »Microsoft, OpenAI Truce Clears Hurdle in Path to For-Profit Conversion The Wall Street Journal The Billion-Dollar Stakes for OpenAI The New York Times OpenAI Wants to Create a Public Benefit Corporation. What Does That Mean? Bloomberg.com A joint statement from OpenAI and Microsoft OpenAI OpenAI says nonprofit parent will own equity stake in company of over $100 billion CNBC Source link
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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 be cleared by state regulators, could allow OpenAI to raise additional capital from investors and, eventually, become a public company. In a blog …
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