Sunday, 15 March, 2026
Microsoft & OpenAI Forge New $500B Partnership
By Isha
Microsoft and OpenAI reached a new deal, restructuring the ChatGPT maker into a public benefit corporation valued at $500 billion. Microsoft retains a 27% stake (worth $135B), and OpenAI committed to purchasing $250 billion in Azure cloud services. The agreement simplifies OpenAI’s structure, providing a clearer path for future funding and operations.
Read full story at Economic Times