Microsoft and OpenAI are nearing a crucial partnership agreement, as confirmed by a recent joint statement. They have signed a non-binding memorandum of understanding (MOU) to define the future of their collaboration focused on delivering advanced AI tools while prioritizing safety. OpenAI Chairman Bret Taylor highlighted the organization’s evolution, whereby the nonprofit will hold an equity stake in a new public benefit corporation (PBC), valued at over $100 billion, enhancing its philanthropic capabilities. This restructuring is designed to ensure that OpenAI’s mission of benefiting humanity through artificial general intelligence (AGI) remains intact. Additionally, OpenAI is collaborating with the attorneys general of California and Delaware to finalize the new corporate structure. Despite ongoing negotiations with Microsoft, which has made significant investments in OpenAI, there are hints that these changes may take longer than planned due to the complexities involved. This partnership is pivotal for both companies, setting the stage for the future of AI development.
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