High-stakes talks to revise terms of multibillion-dollar partnership are key to plans to adopt for-profit model ...

OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a negotiation designed to allow the ...

The companies also are rewriting the terms of a wider contract that was drafted when Microsoft and OpenAI first unveiled an ...

A person close to the company said the change is a key demand of investors and would ensure that an “IPO becomes possible” in the future. Negotiations between OpenAI and Microsoft are ...

The ongoing discussions could transform OpenAI's setup, shifting it from its original nonprofit research focus to a mixed ...

Once the best of friends, OpenAI and its most important financial backer Microsoft Corp. are now involved in tough ...

This comes just days after OpenAI, led by chief executive Sam Altman, said it has decided not to become a for-profit company.

OpenAI has been engaged in fruitful discussion with Microsoft to renegotiate their existing deal.According to Financial Times ...

OpenAI, backed by a $13 billion Microsoft investment, is renegotiating its deal to transition into a for-profit entity and ...

In January, Microsoft changed some terms of a deal with OpenAI after entering a joint venture with Oracle and Japan’s ...

OpenAI's plans to go public hinge on renegotiating its multibillion-dollar partnership with Microsoft, which seeks equity ...