OpenAI restructuring clears hurdle
Open AI is one step closer to its long- aaited for-profit transition after cutting a preliminary deal with Microsoft. Mackenzie Sagalos digs into the billions this could unlock for the AI darling in today's tech check. Matt, Mike, this is a big win for OpenAI.They needed the restructure wrapped by year end to unlock $40 billion in funding and set up an eventual IPO. And Microsoft, they've been the main bottleneck. So, after a year of tense talks that intensified this summer, the two finally agreed on a pack ...