Microsoft Bets Big on the Creator of ChatGPT in Race to Dominate A.I. - The New York Times

OpenAI is led by Sam Altman, who became well known in Silicon Valley as the head the start-up builder Y Combinator. Mr. Altman, 37, and his co-founders created OpenAI in 2015 as a nonprofit. But he soon remade the venture as a for-profit company that could more aggressively pursue financing. A year later, Microsoft invested $1 billion in the company and committed to building the supercomputer technologies OpenAI's enormous models would demand while becoming its "preferred partner for commercializing" its technologies. OpenAI later officially licensed its technologies to Microsoft, allowing the company to directly add them to Microsoft products and services.