SoftBank can pare back the size of the funding round to $20 billion if ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/microsoft-backed-openai” target=”_blank”>Microsoft-backed OpenAI fails to restructure into a for-profit company by the end of the year.
The Wall Street Journal was the first to report the news earlier in the day.
This would mark an accelerated deadline for OpenAI to pull off its complicated transition. It was…

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