The artificial intelligence giant said the "recapitalization" will make its nonprofit parent one of the most well-resourced philanthropic organizations globally.

OpenAI has reached a new tentative agreement with Microsoft and said its nonprofit, which technically controls its business, will now be given a $100 billion equity stake in its for-profit corporation

Regulators warned artificial intelligence can “effectively mimic” human characteristics, prompting younger users to “trust and form relationships” with chatbots.