OpenAI to Cut Microsoft Revenue Share to 8% by 2030: The Information

OpenAI Plans to Retain an Additional $50B from Commercial Partners - Real News Now

OpenAI, a key player in the artificial intelligence industry, has revealed its strategic revenue sharing plans for the end of the decade. Specifically, it anticipates reducing its revenue share with commercial business allies such as Microsoft from the current 20% to approximately 8%. The revised revenue distribution model suggests that an additional sum surpassing $50B would be retained by OpenAI instead of allocating it to its partners. CoreWe…

OpenAI to cut Microsoft revenue share to 8% by 2030: The Information

OpenAI expects its revenue sharing with Microsoft (NASDAQ:MSFT) and other commercial partners to drop to about 8% by 2030 from the current 20%, The Information reported shortly after the ChatGPT creator signed a deal to renegotiate its relationship with the tech

OpenAI Unveils Financial Details of Restructuring Plan, New Deal With Microsoft

Facing pressure from regulators and civic groups over its plan to restructure part of its operation as an independent for-profit company...

OpenAI signs Microsoft MOU to unlock equity fundraising

OpenAI says it has signed a memorandum of understanding with Microsoft to end a contractual fight, paving the way for a fresh corporate structure that lets the company issue traditional equity. That matters because raising large sums gets simpler when investors can buy stock, not just bespoke units. The timing is critical: without a deal, OpenAI risked missing at least $10 billion from SoftBank, according to people familiar with the fundraising …

Report: Microsoft to hold a third of OpenAI but lose most of its revenue share

OpenAI plans to give Microsoft a much smaller share of its revenue going forward, according to a report from The Information. The article Report: Microsoft to hold a third of OpenAI but lose most of its revenue share appeared first on THE DECODER.