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Business · United StatesMicrosoft said on Tuesday it has reached a deal with OpenAI to allow the ChatGPT maker to restructure itself into a public benefit corporation, following which Microsoft would hold a stake of about $135 billion - or 27% - in the AI startup.See the Story
Microsoft, OpenAI reach new deal to allow OpenAI to restructure
54% Center coverage: 122 sources

Amazon · United StatesAmazon will lay off 14,000 of its employees.Kyle Mazza/NurPhoto via ReutersThis post originally appeared in the Business Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.Hello! Wednesday is as good an excuse as any for a happy hour. But when it comes to Wall Street's favorite watering holes, does the Financial District's Stone Street still have the juice? BI's William Edwards went to find out.In today's big s…See the Story
Amazon Just Made Deep Job Cuts. Its AI Tools Now Need to Prove It Can Do More with Less.
100% Left coverage: 2 sources
