shareholdings

On 13 May, according to the Los Angeles Times, CNBC and Wireline, the case of Mask v. Openai and CEO Sam Altman continued on 11 local time. Microsoft CEO Satya Nadella, co-founder of OpenAI, Ilya Sutskever, testified. Nadella stated at the witness stand that Mask never communicated to Microsoft whether its investment in OpenAI was in violation of the relevant commitments. OpenAI..

The Wall Street Journal has exclusive information that Microsoft is in talks with OpenAI for a $14 billion investment stake. In addition to equity, Microsoft as OpenAI's largest shareholder, how much actual control in corporate governance and development after its transformation is also the focus of negotiations. Especially after Microsoft withdrew from OpenAI's board of directors, the whole negotiation process was very complicated and cumbersome. In order to better clarify these, both sides brought financial negotiators into the field, Microsoft looked for Morgan Stanley, OpenAI looked for Goldman Sachs. The Wall Street Journal said that the equity distribution was the reason OpenAI transitioned from a nonprofit to a for-profit...