Microsoft holds 27% of OpenAI in revamped partnership

Microsoft and OpenAI announced Tuesday a sweeping overhaul of their landmark artificial intelligence partnership, giving both companies greater independence while maintaining their close collaboration. Microsoft will hold approximately 27 per cent of the restructured OpenAI, an investment valued at roughly US$135 billion, as the ChatGPT maker transitions to a public benefit corporation structure, according to a blog post on the OpenAI website. OpenAI has also committed to purchasing US$250...