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Microsoft and OpenAI Hire Investment Banks to Help Determine Stake in OpenAI's Transition to For-Profit Company

Microsoft and OpenAI Hire Investment Banks to Help Determine Stake in OpenAI's Transition to For-Profit Company

Bitget2024/10/18 09:39

On Oct. 18, Microsoft and OpenAI hired investment banks to help determine equity for OpenAI's transition to a for-profit company, with Goldman Sachs and Morgan Stanley advising OpenAI and Microsoft, respectively, on high-stakes negotiations. (Wall Street Journal)

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