Saturday, 14 March, 2026
OpenAI & Microsoft Sign New MOU in Push Toward OpenAI IPO
By Isha
OpenAI and Microsoft have entered a non-binding memorandum of understanding (MOU) for the “next phase” of their partnership to help facilitate OpenAI’s move toward an IPO. Microsoft has invested around $13 billion since 2019 and shares in OpenAI’s revenues, particularly from ChatGPT. The nonprofit parent of OpenAI will retain authority over the for-profit business, which now holds over $100 billion in equity value.