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Microsoft loses exclusive access to OpenAI tech in cloud shake-up

image sourced from original article at https://www.ynetnews.com/business/article/rkrdtbpawe

Microsoft has revised its partnership with the artificial intelligence startup, ending its exclusive access to the company’s technology on its cloud platform. While Microsoft will remain the startup’s primary cloud partner and retain a license to its intellectual property through 2032, it will no longer receive a share of revenue from the startup’s products sold through its cloud services.

The updated agreement also places a cap on the amount of revenue the startup must share with Microsoft through 2030. Previously, payments were tied to specific technology milestones, including the potential achievement of artificial general intelligence, defined as systems that match or surpass human capabilities. Those milestone-based conditions have now been removed, signaling a significant shift in the financial and strategic structure of the partnership.

Original article source: https://www.ynetnews.com/business/article/rkrdtbpawe
Source Id: 9194529703

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