Microsoft’s $13.8 Billion Bet on OpenAI Finally Pays Off — But There’s a Catch
OpenAI restructures as a public-benefit corporation valued at $500 billion Microsoft’s massive $13.8 billion investment in OpenAI is finally yielding major returns as the artificial intelligence firm restructures itself into a public-benefit corporation (PBC) — a move that both expands its fundraising potential and reshapes control within the world’s most influential AI partnership. The new…