Diamond Member Pelican Press 0 Posted May 12, 2025 Diamond Member Share Posted May 12, 2025 This is the hidden content, please Sign In or Sign Up OpenAI Negotiates with This is the hidden content, please Sign In or Sign Up for New Funding, Future IPO: Report OpenAI and This is the hidden content, please Sign In or Sign Up are rewriting terms of their multibillion-dollar partnership in a negotiation designed to allow the ChatGPT maker to launch a future IPO, while protecting the software giant’s access to cutting-edge AI models, the Financial Times reported on Sunday. A critical issue is how much equity in OpenAI’s new for-profit business This is the hidden content, please Sign In or Sign Up will receive in exchange for the more than $13 billion (roughly Rs. 1,10,089 crore) it has invested in the company to date, the report said. It said This is the hidden content, please Sign In or Sign Up is offering to give up some of its equity stake in exchange for access to new technology developed beyond the 2030 cutoff. They are also revising terms of a wider contract, first drafted when This is the hidden content, please Sign In or Sign Up initially invested $1 billion (roughly Rs. 8,468 crore) into OpenAI in 2019, the report said. This is the hidden content, please Sign In or Sign Up declined to comment on the report. OpenAI did not immediately respond to Reuters’ requests for comment. OpenAI has told investors it will share a smaller fraction of revenue with its largest backer as it moves ahead with restructuring, The Information reported last week. In January, This is the hidden content, please Sign In or Sign Up changed some terms of a deal with OpenAI after entering a joint venture with Oracle and Japan’s SoftBank Group to build up to $500 billion (roughly Rs. 42,31,440 crore) of new AI data centers in the US. © 2025 Bloomberg LP (This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.) This is the hidden content, please Sign In or Sign Up #OpenAI #Negotiates # This is the hidden content, please Sign In or Sign Up #Funding #Future #IPO #Report This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up For verified travel tips and real support, visit: https://hopzone.eu/ 0 Quote Link to comment https://hopzone.eu/forums/topic/246713-openai-negotiates-with-microsoft-for-new-funding-future-ipo-report/ Share on other sites More sharing options...
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