OpenAI Partners with Microsoft: Aiming for a Landmark $1 Trillion IPO Following ChatGPT’s Global Boom – Azat TV

OpenAI has transitioned into a public benefit corporation (PBC), with Microsoft acquiring a 27% stake valued at $135 billion, marking a significant strategic partnership in the AI landscape. ChatGPT has become the fastest-adopted app in history, nearing 800 million weekly users, as OpenAI prepares for a record-breaking IPO potentially worth up to $1 trillion. The partnership allows Microsoft exclusive access to OpenAI’s technology until AGI is achieved, emphasizing the financial and technological implications of this collaboration. As part of its expansion, OpenAI announced the Stargate Project, a 1GW data center in Michigan, alongside a commitment to $250 billion in Azure cloud infrastructure purchases. With independent expert verification required for AGI declarations, OpenAI aims for transparent, responsible AI development. This restructuring positions OpenAI at the forefront of the AI revolution, blending mission-driven innovation with market ambition, and raising the stakes for the future of artificial intelligence.

Source link