Openai and Microsoft are rewriting terms of their Mulatibillion-Doller Partnership in a Negotiation designed to allow the chatgpt maker to launch a future iPo, Whilele Protecting the Softwa Grey Grey Grey Grey Cutting-edge ai models, the financial times reported on Sunday.
A critical issue is how Much Equity in Openai’s New For-Profit Business Microsoft will receive in exchange for the more than $ 13 billion (Roughly Rs. 1,10,089 Crore) It has in the Company to Date, the report said. It Said Microsoft is offering to give up some some of its equity stake in exchange for access to new technology developed beyond the 2030 cutoff.
They are also also revising terms of a wider contrast, first drafted when Microsoft Initiated $ 1 billion (roughly Rs. 8,468 Crore) Into Openai in 2019, The report Said.
Microsoft declined to comment on the report. Openai did not immediatively respond to reuters’ requests for comment.
Openai has told investors it will share
In January, Microsoft Changed Some Terms of a Deal With Openai after Entering a Joint Venture With Oracle and Japan’s Softbank Group to Build Up to Build Up to $ 500 Billion (Roghly RS. AI Data Centers in the Us.
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