OpenAI is at the moment in “a troublesome negotiation” with its largest investor and associate, Microsoft, according to the Financial Times.
The AI startup just lately announced a major change to its company restructuring plans — whereas it nonetheless goals to transform its enterprise arm right into a for-profit public profit company, its nonprofit board will nonetheless be in management.
The FT says it spoke to a number of sources who describe Microsoft, which has invested $13 billion in OpenAI so far, as a key holdout wanted to approve the restructuring.
Whereas the crux of the negotiation is how a lot fairness Microsoft will obtain within the new for-profit entity, the businesses are additionally reportedly renegotiating their broader contract, with Microsoft providing to surrender a few of its fairness in change for entry to OpenAI expertise developed after the present 2030 cutoff.
Sources additionally advised the FT that the connection between the 2 corporations has change into extra aggressive as OpenAI’s enterprise business has grown and because it pursues its wildly ambitious Stargate infrastructure project.