OpenAI has since gone on a deal spree with a host of other major tech players leading to speculation that an AI bubble may be in the offing. The revised deal extends Microsoft's rights to OpenAI's AI models through to 2032 but excludes consumer hardware. OpenAI brought AI to the mainstream user in 2022 with the introduction of ChatGPT.

After almost a year of negotiations, OpenAI announced Tuesday that it has completed its restructure to a public benefit corporation, with a separate nonprofit Foundation focussed on “health and curing diseases” and “technical solutions to AI resilience” holding a $130 billion stake in the for-profit arm—just shy of the $135 billion stake that Microsoft received,

OpenAI said it has reorganized its ownership structure and converted its business into a public benefit corporation.

OpenAI’s for-profit arm finalized its conversion into a public-benefit corporation and reached a deal with Microsoft that will see the tech giant take a 27% stake.

OpenAI has completed its recapitalization, splitting the AI lab into a for-profit corporation nested inside a non-profit foundation.

OpenAI urges the US to treat electricity generation as a national-security and competitiveness priority essential to sustaining America’s AI leadership.

PayPal becomes first payment platform integrated into ChatGPT, enabling instant checkout for millions of users through new AI-powered commerce partnership.

OpenAI said it's working with mental health professionals to improve ChatGPT's responses. The AI chatbot has 800 million weekly active users.