Report: OpenAI and Microsoft renegotiate their profit-sharing partnership.

Arabictrader

Thursday 26 December 2024 05:48pm

News / Stock market News

Report: OpenAI and Microsoft renegotiate their profit-sharing partnership.
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The newspaper The Information revealed on Thursday, citing informed sources, that the companies OpenAI and Microsoft are renegotiating aspects of their profit-sharing partnership. According to the knowledgeable sources, discussions have been ongoing since last October and are highlighting Microsoft's equity stake, its uniqueness as a provider of cloud services to OpenAI, intellectual property rights, and a 20% share of OpenAI's revenue. Previous discussions between Microsoft and OpenAI had stalled due to disagreements over Microsoft's cloud services and its impact on its role in the partnership, leading to a two-year extension to finalize the amendments.

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