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OpenAI Reduces Microsoft Revenue Share

TechCrunch on MSN · 16h

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

OpenAI sees itself paying a lower share of revenue to its investor and close partner Microsoft by 2030 than it currently does, per a report.

Reuters on MSN · 23h

OpenAI plans to cut Microsoft revenue share after restructuring, The Information reports

OpenAI has told investors it will share a smaller fraction of revenue with major backer Microsoft as it moves ahead with its restructuring, The Information reported on Tuesday.

Dailymotion on MSN · 9h

OpenAI To Slash Microsoft Revenue Share By 2030: Report

OpenAI plans to cut the share of revenue it pays Microsoft by half before 2030, according to internal projections cited by Reuters via The Information. The current agreement gives Microsoft 20% of revenue through the end of the decade.

OpenAI Reinforces Nonprofit Control

TechRepublic · 1d

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.

Reuters on MSN · 1d

Elon Musk to go ahead with lawsuit against OpenAI despite nonprofit control statement, lawyer says

Elon Musk plans to proceed with his highly watched lawsuit against OpenAI, his lawyer Marc Toberoff said on Monday, hours after the AI startup dialed back its earlier plan to remove control by its non-profit arm.

ABP - Live on MSN · 1d

Elon Musk Won’t Drop OpenAI Lawsuit Despite Restructuring Reversal: What We Know So Far

Tesla CEO Elon Musk is refusing to back down from his legal war with OpenAI, even as the artificial intelligence company attempts to reframe its governance structure. His lawyer Marc Toberoff confirmed on Monday that Musk will continue pursuing the lawsuit he filed against the AI startup earlier this year.

36m

OpenAI Hires Instacart C.E.O. to Run Business and Operations

Sam Altman, OpenAI’s chief executive, said he hired Instacart’s Fidji Simo to join in a new role as chief executive of ...

Cryptopolitan20h

OpenAI is doing everything in its power to permanently break up with Microsoft

OpenAI is cutting Microsoft’s role down to size. The company told investors that it will start sending less of its money to ...

1don MSN

OpenAI Drops For-Profit Move. What It Means for Microsoft Stock.

ChatGPT-maker OpenAI said it scrapped its for-profit conversion plan after discussions with civic leaders and the attorneys ...

6h

OpenAI offers help promoting AI outside the US, but analysts question why countries would accept

The offer of assistance building data centers is going to be attractive, but the pushback will be on data privacy and data ...

1h

OpenAI hires Instacart CEO Fidgi Simo as head of applications, reporting to Altman

OpenAI CEO Sam Altman wrote in a blog post late Wednesday night that the company had named Fidgi Simo, Instacart’s CEO, as its head of applications.

The Information1h

OpenAI Hires Instacart CEO Simo For Major Leadership Role

Update: OpenAI confirmed it is hiring Instacart CEO Fidji Simoto oversee some of the company’s divisions in a major ...

1d

‘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 ...

1d

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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