Microsoft and OpenAI have a new deal that could clear the way for an IPO

Microsoft and OpenAI have a new deal that could clear the way for an IPO

Microsoft Chairman and Chief Executive Officer Satya Nadella (L), speaks with OpenAI Chief Executive Officer Sam Altman, who joined by video during the Microsoft Build 2025, conference in Seattle, Washington on May 19, 2025. As OpenAI attempts to restructure itself and eventually go public, a hurdle for the startup, recently valued at $500 billion, is…

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Ted Cruz’s new bill would let AI companies set their own rules for up to 10 years

Ted Cruz’s new bill would let AI companies set their own rules for up to 10 years

On Wednesday, Sen. Ted Cruz introduced legislation to create a regulation “sandbox” that would allow artificial intelligence companies to experiment with minimal federal oversight. The SANDBOX Act, if passed by Congress, would allow companies to apply for modifications to or waivers from any “obstructive regulations” to the testing and deployment of products or services that…

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