Hello and welcome to Eye on AI…In this edition: OpenAI’s new deal with Microsoft…Elon Musk launches Grokipedia…data engineers struggle with AI workloads...and are AI browsers a security risk?
Hello, Beatrice Nolan here, filling in for Jeremy Kahn, who is traveling back from the Fortune Global Forum in Riyadh today. In big AI news, OpenAI and Microsoft announced that they had reached an agreement on the future of their partnership that allows OpenAI to complete a long-awaited corporate restructuring.
The arrangement converts OpenAI’s previous for-profit arm into a public benefit corporation that can issue traditional equity and will give shareholders a potentially more prominent voice in OpenAI’s governance—two changes that were seen as critical for OpenAI to continue to raise the billions of dollars of capital it will need to build more advanced AI models, construct massive datacenters, and continue its push to become a key technology platform for consumers and enterprises.
