October 29, 2025 - 05:26

In a groundbreaking move, Microsoft and OpenAI announced a new agreement that allows OpenAI to progress towards becoming a for-profit public benefit corporation. This deal marks a significant evolution in their partnership, with Microsoft acquiring a 27% stake in OpenAI. The collaboration aims to enhance the development of artificial intelligence technologies while ensuring that the benefits of AI are distributed broadly.
The agreement is expected to bolster OpenAI's resources, enabling the organization to accelerate its research and deployment of advanced AI systems. By aligning with Microsoft, OpenAI gains access to substantial financial backing and technological infrastructure, which are crucial for its ambitious goals.
This partnership underscores the growing importance of AI in various sectors and highlights the commitment of both companies to responsible AI development. As they move forward, the implications of this deal could reshape the landscape of technology and innovation, paving the way for new advancements in artificial intelligence.
January 31, 2026 - 02:31
Senate passes funding deal but a partial government shutdown is on tap for this weekendThe U.S. Senate has successfully passed a short-term funding package, a critical step toward maintaining federal operations. However, the threat of a partial government shutdown beginning this...
January 30, 2026 - 18:27
Onity Group Announces Closing of $200 Million Senior Notes OfferingWEST PALM BEACH, Fla., Jan. 30, 2026 – Onity Group Inc. has successfully completed a significant debt offering, raising $200 million in capital. The transaction was finalized through the...
January 30, 2026 - 11:29
In Graphic Detail: The puny nature of regulatory fines compared to Big Tech’s financial prowessGovernments worldwide are increasingly wielding regulatory fines against technology giants for various infractions, from antitrust violations to data privacy breaches. However, a stark comparison...
January 29, 2026 - 23:05
German Finance Minister Calls for Discriminatory Taxes on Large U.S. Tech Firms - Americans for Tax ReformGerman Finance Minister Lars Klingbeil has called for the implementation of a new digital services tax aimed squarely at large international technology corporations. The proposal, outlined in a...