OpenAI, Microsoft
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Microsoft escapes EU antitrust fine
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OpenAI has reached a new tentative agreement with Microsoft and said its nonprofit, which technically controls its business, will now be given a $100 billion equity stake in its for-profit corporation.
Microsoft is laying off 42 Redmond-based employees, continuing a months-long effort by the company to trim its workforce amid an artificial intelligence spending boom.
8don MSN
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The new agreement is set to remove one of several barriers for the startup, which is seeking to restructure and become a for-profit company.