OpenAI expects to cut share of revenue it pays Microsoft by 2030
By 2030, OpenAi sees herself pay a lower part of the income to his investor and partner Microsoft than now, the information reportedWith reference to financial documents.
The news comes after OpenAi has changed the tack of a large restructuring plan this week to pursue a new plan that the arm with profit motive would be an audience of the public benefit (PBC), but is still controlled by his non-profit division.
OpenAI currently has an agreement to share 20% of its top line with Microsoft, but the AI company has told investors that it expects to share 10% of the turnover with its business partners, including Microsoft, at the end of this decade, the information reported.
Microsoft has invested dozens of billions in OpenAI, and the two companies currently have one contract Until 2030 comprises sharing income from both parties. The deal also gives Microsoft -rights to open IP within its AI products, as well as exclusivity on the APIs of OpenAi on Azure.
Microsoft has not yet approved the proposed business structure of OpenAi, Bloomberg reported On Monday, as the larger technology company is said to ensure that the new structure protects its investments in several billion dollars.
OpenAi and Microsoft did not immediately return to comments.
