Microsoft Locks In 20% Of OpenAI's Revenue Until 2032 In High-Stakes Strategy Shift - Microsoft (NASDAQ:MSFT)

Microsoft Locks In 20% Of OpenAI's Revenue Until 2032 In High-Stakes Strategy Shift - Microsoft (NASDAQ:MSFT)

Microsoft Corp (NASDAQ:MSFT) will receive 20% of OpenAI’s total revenue until 2032 under a revised agreement. Updated Revenue Share Agreement The new deal, updated in the fall, allows OpenAI to collaborate with other compute providers without giving Microsoft the first right of refusal. Some payments under the agreement will occur in the later years. Initially, Microsoft was entitled to 20% of OpenAI’s revenue until 2030, the Information reporte…