
Microsoft and OpenAI have signed a non-binding deal over the ongoing terms in their contract, clearing the way for OpenAI to begin its for-profit restructuring efforts before an expected IPO, Reuters reports. Crucially, this brings OpenAI closer to being able to receive $10 billion in investment funds from Japanese investment firm Softbank. This investment was contingent on a deal between Microsoft and OpenAI being reached before the end of the year. However, despite the buoyancy of the announcement,…

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.fyi/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)