Microsoft and OpenAI have a new deal that could clear the way for an IPO

As OpenAI attempts to restructure itself and eventually go public, a hurdle for the startup, recently valued at $500 billion, is its increasingly complicated partnership with Microsoft.  On Thursday afternoon, the two companies released this joint statement about an agreement they’ve reached. Microsoft & OpenAI: Microsoft and OpenAI have signed a non-binding memorandum of understanding […]

2025-09-11 23:00 GMT · 9 months ago www.theverge.com

As OpenAI attempts to restructure itself and eventually go public, a hurdle for the startup, recently valued at $500 billion, is its increasingly complicated partnership with Microsoft.  On Thursday afternoon, the two companies released this joint statement about an agreement they’ve reached. Microsoft & OpenAI: Microsoft and OpenAI have signed a non-binding memorandum of understanding […]

Original: https://www.theverge.com/news/776884/openai-microsoft-mou