Friday, 12 September

Friday, 12 September2025

OpenAI & Microsoft Sign New MOU in Push Toward OpenAI IPO

OpenAI & Microsoft Sign New MOU in Push Toward OpenAI IPO
OpenAI and Microsoft have entered a non-binding memorandum of understanding (MOU) for thenext phaseof their partnership to help facilitate OpenAIs move toward an IPO. Microsoft has invested around $13 billion since 2019 and shares in OpenAIs 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.
Read full story at The Verge

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