OpenAI to Reduce Revenue Share with Microsoft to 8% by 2030

Reported about 6 hours ago

OpenAI is planning to decrease its revenue sharing with commercial partners, particularly Microsoft, from 20% to 8% by the end of the decade, potentially allowing OpenAI to retain over $50 billion. Ongoing negotiations also include discussions on server rental costs, while a non-binding agreement has been signed to transition OpenAI into a for-profit entity.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis