OpenAI Negotiates With Microsoft for New Billion-Dollar Deal and Future IPO: Report

Technology

⚡OpenAI Negotiates With Microsoft for New Billion-Dollar Deal and Future IPO: Report

By Team Latestly

OpenAI Negotiates With Microsoft for New Billion-Dollar Deal and Future IPO: Report

Sam Altman's OpenAI and Microsoft are renegotiating their partnership as OpenAI plans to restructure and is considering a future IPO. Microsoft, OpenAI's top investor with over $13 billion, seeks clarity on its equity stake. Talks also cover future technology access and updates to their existing agreement.