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What is OpenAI's new deal with Microsoft?

Asked 12 hours ago

Answer

OpenAI's new deal with Microsoft restructures OpenAI into a for-profit entity, with Microsoft holding a 27% stake and securing extended intellectual property rights to OpenAI's models and products through 2032, even after the achievement of AGI. OpenAI commits to $250 billion in Azure cloud spending, and AGI claims must be verified by an independent board. The agreement aligns both companies' AI ambitions and marks a major milestone in their partnership.

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CBS News

OpenAI strikes major deal with Microsoft

CBS News ยท Older
CBS News
CBS News
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  • OpenAI has restructured into a for-profit company controlled by its non-profit arm.
  • Microsoft now holds a 27% share in OpenAI's for-profit entity. 14s
  • The revised agreement allows OpenAI and Microsoft to pursue artificial general intelligence with updated terms. 1m 21s
  • Microsoft will retain access to OpenAI's models through 2032, even if AGI is declared. 2m 52s
  • Any claim of achieving AGI must be verified by an independent board of experts. 2m 41s
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References

OpenAI strikes major deal with Microsoft
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CBS News
6 days ago
OpenAI strikes major deal with Microsoft

Microsoft now holds a 27% share in OpenAI Group PBC. The updated agreement ensures Microsoft will maintain access to OpenAI's models through 2032, even if OpenAI declares it has achieved AGI, which must now be verified by an independent board of experts.

Microsoft set to report earnings
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CNBC
6 days ago
Microsoft set to report earnings

OpenAI is committing $250 billion in Azure spend over the next several years. This is a contracted agreement, distinguishing it from less concrete deals in the sector.

OpenAI finalizes recapitalization plan
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CNBC
7 days ago
OpenAI finalizes recapitalization plan

Microsoft will own 27% of OpenAI on a diluted basis, valued at $135 billion. The agreement extends Microsoft's IP rights for OpenAI models and products through 2032, including those developed after AGI is achieved. The deal also includes a $250 billion commitment for OpenAI to use Microsoft Azure services.

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