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Benzinga
Benzinga
Business
Ananya Gairola

Microsoft, OpenAI Sign Non-Binding Deal To Reshape Partnership As ChatGPT Maker Pushes $500 Billion Valuation

OpenAI ChatGPT Microsoft Microsoft Corp Nasdaq
Microsoft Corp.

On Thursday, Microsoft Corp. (NASDAQ:MSFT) and OpenAI signed a non-binding agreement to reset the terms of their high-profile partnership, a move that could clear the way for ChatGPT-parent's restructuring into a for-profit entity as it pursues a $500 billion valuation.

Microsoft-OpenAI Partnership Reset

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