OpenAI and Microsoft are in critical talks to convert Microsoft’s $14 billion investment into equity as OpenAI becomes a for-profit entity. Issues around equity stake and governance rights complicated the negotiations, while financial strains and OpenAI’s diversification efforts, including a $10 billion computing deal with Oracle, add tension to their partnership.
from Times of India https://ift.tt/HbBDC8I
from Times of India https://ift.tt/HbBDC8I