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Microsoft and OpenAI have a new deal that could clear the way for an IPO

Microsoft and OpenAI have a new deal that could clear the way for an IPO

As OpenAI attempts to restructure itself and eventually go public, a hurdle for the startup, recently valued at $500 billion, is its increasingly complicated partnership with Microsoft. On Thursday afternoon, the two companies released this joint statement about an agreement they’ve reached. Microsoft & OpenAI: Microsoft and OpenAI have signed a non-binding memorandum of understanding […]

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