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Microsoft and OpenAI reach deal

By Stephen Nellis and Deborah Mary Sophia

Oct 29 2025 6:32AM

Removing fundraising constraints for ChatGPT maker.

Microsoft and OpenAI reach deal

Microsoft and OpenAI announced a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, cementing CEO Sam Altman's power within the AI world and giving the startup more freedom to expand its empire. The deal removes a major constraint on raising capital ...

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