OpenAI says nonprofit parent will own equity stake in company of over $100 billion
1. OpenAI's nonprofit parent retains oversight and a $100 billion stake. 2. OpenAI's valuation has surged to $500 billion, attracting significant capital. 3. Microsoft has invested over $13 billion in OpenAI since 2019. 4. A memorandum of understanding outlines the next phase of partnership. 5. Both companies focus on delivering top AI tools with a commitment to safety.