OpenAI and Microsoft say they have signed a non-binding memorandum of understanding for the next phase of their partnership, and are working to finalize terms (Ina Fried/Axios)

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— OpenAI on Thursday said its nonprofit parent will continue to have oversight over the company and will own an equity stake of more than $100 billion.

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Last seen: 2025-09-12 09:34

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OpenAI and Microsoft say they have signed a non-binding memorandum of understanding for the next phase of their partnership, and are working to finalize terms (Ina Fried/Axios)

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