Microsoft and OpenAI have a new deal that could clear the way for an IPO
OpenAI and Microsoft reached a non-binding MOU to finalize new partnership terms while Microsoft invests heavily and develops its own competing AI models.
OpenAI says spending to rise to $115 billion through 2029: Information
OpenAI projects spending through 2029 may reach $115 billion, driven by building server chips, facilities, and rising computing and AI model development costs.