OpenAI in talks with California to become for-profit company, Bloomberg News reports
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OpenAI is in discussions with the California attorney general's office to change its corporate structure to become a for-profit company, as reported by Bloomberg News.
November 05, 2024 | 12:30 pm
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NEUTRAL IMPACT
OpenAI's potential shift to a for-profit structure could impact Microsoft, which has a significant partnership with OpenAI. This change might influence their collaboration and financial arrangements.
Microsoft has a notable partnership with OpenAI, including investments and integration of OpenAI's technology into its products. A shift in OpenAI's corporate structure could affect the terms and dynamics of this partnership, but the exact impact is uncertain at this stage.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50