OpenAI hopes that Microsoft will hold about 33% of the shares in the restructured department in exchange for giving up its future profit-sharing rights.
According to Jin10, The Information reports: OpenAI is seeking new financial concessions from its largest shareholder, Microsoft. OpenAI hopes that Microsoft will hold about 33% of the shares in the restructured department in exchange for giving up its rights to future profit distribution.
View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
1 Likes
Reward
1
1
Share
Comment
0/400
VinitS
· 6h ago
in AI market, why only OpenAI face losses continuously? I think it's management should change their plans.
OpenAI hopes that Microsoft will hold about 33% of the shares in the restructured department in exchange for giving up its future profit-sharing rights.
According to Jin10, The Information reports: OpenAI is seeking new financial concessions from its largest shareholder, Microsoft. OpenAI hopes that Microsoft will hold about 33% of the shares in the restructured department in exchange for giving up its rights to future profit distribution.
I think it's management should change their plans.