Overview

• OpenAI is negotiating down Microsoft’s 20% share of its revenue by offering the tech giant 20% to 49% equity in exchange.
• Microsoft seeks to remove or amend a clause that would cut off its access to new models once OpenAI declares it has achieved AGI.
• OpenAI’s ability to secure fresh funding depends on Microsoft approving a corporate restructuring that SoftBank has tied to a $10 billion investment.
• OpenAI’s $3 billion acquisition of Windsurf has heightened disputes over whether Microsoft should gain rights to technology from future OpenAI acquisitions.
• Despite threats from Microsoft to walk away and OpenAI’s consideration of antitrust action, both companies state they remain optimistic about an enduring collaboration.