Microsoft and OpenAI are weighing the value of $14 billion.

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Techlab-news:

Microsoft and OpenAI are weighing the value of $14 billion.

Microsoft is figuring out how its $14 billion investment in OpenAI will translate into equity when the AI startup transitions into a for-profit company (this transition must occur within two years, or recent investors in the $6.6 billion round can claw back their investment).

To determine the equity distribution, Microsoft and OpenAI have enlisted Morgan Stanley and Goldman Sachs, respectively.

Source: https://www.theverge.com

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