OpenAI and Microsoft renegotiate revenue share with cap
OpenAI and Microsoft are renegotiating the terms of their partnership, with OpenAI's revenue share payments to Microsoft now subject to a total cap. In exchange, Microsoft is dropping its exclusive license to OpenAI's technology. The deal restructures the financial relationship between the AI startup and its primary backer.
Key facts
- OpenAI's revenue share payments to Microsoft will be subject to a total cap.
- Microsoft is dropping its exclusive license to OpenAI's technology.
- The companies are renegotiating their partnership terms.
Entities
Institutions
- OpenAI
- Microsoft
Sources
- Quartz —