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OpenAI wants to become a for-profit company, Microsoft sets up obstacles, negotiations focus on four key points

OpenAI wants to become a for-profit company, Microsoft sets up obstacles, negotiations focus on four key points

Cointime2024/12/26 17:22
By: Cointime

OpenAI CEO Altman hopes to transform the non-profit artificial intelligence development company into a for-profit entity, but the biggest obstacle he faces is Microsoft. The company has a great influence in this process, as it has pledged to invest more than $13 billion in OpenAI. Since October last year, the two companies have been discussing potential changes in OpenAI's structure, with a focus on four areas: Microsoft's equity in the for-profit entity, whether Microsoft will continue to be the exclusive cloud service provider for OpenAI, how long Microsoft will maintain the right to use OpenAI's intellectual property to meet its product needs, and whether Microsoft will continue to extract 20% from OpenAI's revenue. This information comes from insiders who have discussed with Altman. It is currently unclear when OpenAI and Microsoft plan to complete this process, but both sides are pushing forward quickly and face time pressure: if OpenAI fails to complete the transformation within the next two years, recently funded investors can withdraw their funds with 9% interest - a total of approximately $7.2 billion. Company leaders have told employees that OpenAI hopes to repurchase some of their shares after the profit transformation, so employees have sufficient reason to hope to complete this transformation as soon as possible.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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