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OpenAI plans to cut Microsoft revenue share

OpenAI expects to cut share of revenue it pays Microsoft by 2030

OpenAI currently has a deal to share 20% of revenue with Microsoft, but the AI company expects to cut that share to 10% by 2030, The Information reported.

Reuters · 6h

OpenAI plans to slash revenue share to Microsoft, The Information reports

OpenAI has told investors it will share a smaller fraction of revenue with Microsoft , The Information reported on Tuesday.

Seeking Alpha on MSN · 59m

OpenAI plans to slash revenue sharing with Microsoft after restructuring - report

OpenAI is planning to cut the share of revenue it allocates to Microsoft (NASDAQ:MSFT) as the California-based AI firm moves ahead with restructuring, according to The Information report. Under the current agreement,

OpenAI says nonprofit to retain control

TechRepublic · 7h

OpenAI Backtracks, Says Nonprofit Will Retain Control: How Did Musk & Microsoft Respond?

OpenAI scraps plans to become fully for-profit, reaffirming nonprofit control after pressure from critics, investors, and state officials.

Wall Street Journal · 1d

OpenAI Says Company to Remain Under Nonprofit Control

The maker of ChatGPT said it made the decision to remain under the control of a nonprofit organization.

POLITICO on MSN · 1d

OpenAI will continue to be controlled by nonprofit amid restructuring scrutiny

The updated plan comes amid criticism from former business partner Elon Musk and others that the company was deviating from its original mission.

‘Microsoft did horrible things to Slack’: Salesforce CEO Marc Benioff warns OpenAI could be next

To understand the context, back when Slack was gaining popularity as a workplace messaging app, Microsoft launched its own ...

16m

OpenAI’s For-Profit Overhaul Is Far From Being a Done Deal

(Bloomberg) -- For much of the past year, OpenAI has been pushing ahead with a complicated effort to turn itself from a nonprofit into a more conventional moneymaking business that would be more ...

13h

OpenAI's for-profit U-turn apparently isn't enough for Elon Musk

Elon Musk's lawyer told media outlets that OpenAI's announcement that a nonprofit would remain in control of the ChatGPT ...

Elon Musk’s legal battle against OpenAI continues, despite OpenAI’s attempts to address concerns about its for-profit structure

Billionaire Elon Musk will keep on pursuing his lawsuit against OpenAI despite the AI company announcing modifications to its ...

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