OpenAI and Microsoft are revising their partnership terms to allow OpenAI to go public in the future while maintaining Microsoft’s access to its AI technology.
Microsoft may give up part of its equity in OpenAI’s for-profit arm in exchange for rights to future AI models beyond 2030.
The reset involves updating a key contract from six years ago, originally tied to Microsoft’s $1 billion investment.
The renegotiation is essential as Microsoft has since invested over $13 billion in OpenAI.
OpenAI is stepping back from fully converting into a traditional profit-driven company after criticism from ex-employees, academics, and rivals like Elon Musk.
Microsoft, OpenAI’s largest investor, is pushing to ensure any restructuring protects its long-term interests.
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