Microsoft Corp (NASDAQ: MSFT) has revised its agreement with OpenAI, now set to receive 20% of the AI firm’s total revenue until 2032. This updated revenue-sharing deal, established in fall 2023, allows OpenAI to partner with other compute providers without Microsoft having the first right of refusal. Payments under this agreement will extend into later years. Previously, Microsoft was to earn 20% until 2030. In October, Microsoft announced its support for OpenAI’s formation of a public benefit corporation (PBC), acquiring a 27% stake in OpenAI Group PBC, valued at around $135 billion. Key elements of their partnership remain intact, including exclusive IP rights and Azure API exclusivity until an independent panel certifies Artificial General Intelligence (AGI). OpenAI’s funding round to scale operations is anticipated to conclude in Q1 2026. Microsoft shares rose 1.14% to $401.44 following the news.
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