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OpenAI is advancing towards becoming a public benefit corporation, facilitating complex negotiations with Microsoft and defining terms for a capital infusion exceeding $100 billion. The companies have signed a non-binding memorandum of understanding, which allows OpenAI to restructure while maintaining its commitment to artificial intelligence safety and community impact.

The restructuring would grant the nonprofit OpenAI significant equity in the new for-profit entity, positioning it as a leading philanthropic organization. The negotiations have seen tensions, including opposition from co-founder Elon Musk.