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OpenAI’s Microsoft Deal; Ellison’s Risky Business

OpenAI’s Microsoft Deal; Ellison’s Risky Business

by Chris DeMunbrun | Sep 12, 2025 | AI News

We got big news this afternoon from the folks at OpenAI and Microsoft: They are close to a peace deal. Yes, after nearly a year of talks over changes to their partnership, the companies announced they had signed a “non-binding memorandum of understanding for the next...
OpenAI’s nonprofit parent company secures $100B equity stake while retaining control of AI giant

OpenAI’s nonprofit parent company secures $100B equity stake while retaining control of AI giant

by Chris DeMunbrun | Sep 11, 2025 | AI News

Artificial intelligence giant OpenAI on Thursday announced its nonprofit parent will retain control of the company while also gaining an equity stake worth more than $100 billion. The move will allow OpenAI to raise new capital while also making its nonprofit parent...
Microsoft and OpenAI reach non-binding deal to allow OpenAI to restructure

Microsoft and OpenAI reach non-binding deal to allow OpenAI to restructure

by Chris DeMunbrun | Sep 11, 2025 | AI News

[[{“value”:” Microsoft and OpenAI said on Thursday they have signed a non-binding deal for new relationship terms that would allow OpenAI to proceed to restructure itself into a for-profit company, marking a new phase of the most high-profile...
OpenAI Takes Big Steps Toward Its Long-Planned Reorganization

OpenAI Takes Big Steps Toward Its Long-Planned Reorganization

by Chris DeMunbrun | Sep 11, 2025 | AI News

The start-up OpenAI reached a tentative deal with Microsoft, its biggest investor, and said it would give a $100 billion stake to the nonprofit that manages it. 
A California bill that would regulate AI companion chatbots is close to becoming law

A California bill that would regulate AI companion chatbots is close to becoming law

by Chris DeMunbrun | Sep 11, 2025 | AI News

[[{“value”:” California has taken a big step toward regulating AI. SB 243 — a bill that would regulate AI companion chatbots in order to protect minors and vulnerable users — passed both the State Assembly and Senate with bipartisan support and now...
Microsoft, OpenAI Reach Early Agreement in For-Profit Change

Microsoft, OpenAI Reach Early Agreement in For-Profit Change

by Chris DeMunbrun | Sep 11, 2025 | AI News

OpenAI and its largest investor, Microsoft Corp., have reached a preliminary agreement about the structure of their partnership, a move that could pave the way for the artificial intelligence startup’s plan to restructure into a more traditional for-profit...
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