Microsoft and OpenAI enter non-binding deal, Gemini Space Station IPO



Microsoft and OpenAI have signed a non-binding deal for new relationship terms that would allow OpenAI to proceed to restructure itself into a for-profit company. The move is significant for OpenAI as it seeks to raise capital under a more common governance structure and eventually go public to fund AI development.
Gemini Space Station — the crypto company founded by the Winklevoss twins — is set to start trading today at $28 per share. Ramzan breaks down the details. For more Morning Brief: Market Sunrise videos, please visit: https://finance.yahoo.com/videos/series/morning-brief-market-sunrise/
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