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Stay up to speed on the rapid advancement of ai technology and the benefits it offers to humanity. In a lengthy post on x on thursday, openai ceo sam altman publicly clarified the totals. Pequeño is a breaking news reporter who covers tech and more.
Openai chief executive officer sam altman pushed back at the idea that the company would seek federal guarantees to reduce the risk of its ai infrastructure spending. Openai said it has reorganized its ownership structure and converted its business into a public benefit corporation. Microsoft and openai announced a restructuring deal on tuesday that frees the chatgpt maker to move away from its nonprofit roots and likely go public so it can finance ceo sam altman's ambitious.
The artificial intelligence company said the nonprofit that controlled the organization would receive a $130 billion stake in the new company.
With the announcement of openai’s restructuring came the news that microsoft, which has invested in the organization since 2019, now holds an investment of $135 billion in the organization’s.
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