OpenAI is reportedly in the middle of reworking its multibillion-dollar agreement with Microsoft.
The negotiated deal would allow the artificial intelligence (AI) company to someday launch an initial public offering (IPO), while protecting Microsoft’s access to AI models, the Financial Times (FT) reported Sunday (May 11).
As that report noted, Microsoft is a crucial holdout to OpenAI’s plans to restructure itself and move away from its nonprofit roots.
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