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Artificial Intelligence Giant OpenAI announced on Thursday that his non -profit parent will maintain control of the company and at the same time will get a share interest worth more than $ 100 billion.
With the move, OpenAi can attract a new capital and at the same time its non-profit parent company “one of the most well-brought in Philanthropic organizations In the world, “according to Bret Taylor, chairman of the board of OpenAi.
“This recapitalization would also enable us to attract the capital needed to achieve our mission – and to ensure that if OpenAi’s [public benefit corporation] Just like the means of the non -profit, so we can bring it to historical levels of community impact, “Taylor said in a statement.
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The OpenAi logo (Thomas Fuller/Sopa images/Lighttrocket via Getty Images/Getty images)
Openai and Microsoft also said in a joint explanation on Thursday that they signed a non-binding memorandum of understanding that their next phase of partnership shape and actively work on completing a definitive deal. The companies said they are aimed at building “the best” artificial intelligence tools that are also safe.
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“Openai and Microsoft have signed a non-binding memorandum of agreement (MOU) for the next phase of our partnership,” the two companies said in a joint statement on Thursday afternoon. “We actively work on completing contractual conditions in a final agreement. Together we remain focused on supplying the best AI tools for everyone, based on our shared dedication to safety.”
The campus of Microsoft’s head office in Redmond, Wash. (Istock / Istock)
Microsoft reportedly invested around $ 13 billion in the Chatgpt -Maker Since 2019.
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In May, OpenAi announced that it was his plan to move the company from a non-profit structure to a company with a profit motive. The Chatgpt maker created a for-profit Limited Liability Company, which he has converted into a company in general benefits that regards the interests of shareholders, as well as the Mission of OpenAi. At the time, the Tech giant announced that the non -profit of OpenAI would have operational control over the public benefit and that there would be a large shareholder.
Sam Altman, co-founder and CEO of OpenAi, speaks during a panel discussion, “The Age of Ai” at the Technical University of Berlin on February 7, 2025, in Berlin, Germany. (Sean Gallup / Getty Images / Getty images)
OpenAI CEO SAM Altman has put forward the exploration of the company to move to a structure with profit motive to make it easier for the company to raise the large amounts of money for investments that he believes will be needed to achieve artificial general intelligence (AGI). At that time he sent a letter to employees in which the decision was explained and what it means for the company.
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“OpenAi has been established as a non-profit, is nowadays a non-profit that supervises and checks the profit motive, and in the future a non-profit will remain that supervises and checks the for-profit. That will not change,” Altman wrote in May.
