Microsoft claims that it owns no part of OpenAI

0
95
Microsoft claims that it owns no part of OpenAI
Microsoft claims that it owns no part of OpenAI

Microsoft does not own any part of OpenAI and is just entitled to a fraction of profit distributions, a source stated on Friday.

Microsoft (MSFT.O) said in a statement on Friday that it does not own any part of OpenAI, a powerhouse in artificial intelligence.

“While details of our agreement remain confidential, it is important to note that Microsoft does not own any portion of OpenAI and is simply entitled to share-of-profit distributions,” a source stated.

Also readOrganizations should be driven based on people and processes instead of emphasizing technology

Do FollowCIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter 

About us:

CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics.