microsoft may take lower equity in openai to secure long term access to chatgpt models report

Microsoft May Take Lower Equity In Openai To Secure Long-term Access To Chatgpt Models: Report

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OpenAI is renegotiating its contract with Microsoft to facilitate a future IPO, focusing on equity for Microsoft's $13 billion investment. The two companies are also revising an older agreement while navigating increasing competition and tensions regarding partnership dynamics.