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Tech News

OpenAI and Microsoft sign agreement to restructure OpenAI into a public benefit corporation with Microsoft retaining 27% stake — non-profit ‘Open AI Foundation’ to oversee ‘Open AI PBC’

Eulis
OpenAI is restructuring into a public benefit corporation with Microsoft retaining a 27% stake in the new “OpenAI PBC,” worth roughly $135 billion. OpenAI PBC will still be overseen by the non-profit OpenAI Inc., soon to be renamed OpenAI Foundation. Both companies are intertwined till at least 2032 with major cloud computing contracts.
Tech News

Nvidia and partners to build seven AI supercomputers for the U.S. gov’t with over 100,000 Blackwell GPUs —combined performance of 2,200 ExaFLOPS of compute

Eulis
Nvidia, Oracle, and the U.S. Department of Energy will build seven ExaFLOPS-class AI supercomputers for Argonne National Laboratory — including the Oracle-built Equinox and Solstice systems with over 100,000 Blackwell GPUs delivering up to 2,200 FP4 ExaFLOPS — to power next-generation AI and scientific research.