OpenAI, Microsoft in $14B tussle as AI giant changes into for-profit company: report
Microsoft is reportedly in a tussle with OpenAI over what size piece it will get of the artificial intelligence juggernaut as the latter prepares to transform itself from nonprofit to for-profit company.Both firms have turned to investment banks for advice in the high-stakes negotiations as Microsoft seeks a major slug of equity in OpenAI in exchange for the $14 billion in cash it has injected into the company thus far, according to the Wall Street Journal.Microsoft, headed by CEO Satya Nadella, has hired M ...