OpenAI is currently negotiating with its primary investor, Microsoft, to modify their partnership terms, as reported by TechCrunch. They have reached a nonbinding agreement allowing OpenAI to transform its for-profit segment into a public benefit corporation, potentially facilitating future capital raises and a public offering. The existing deal grants Microsoft preferred access to OpenAI’s technology and positions it as the main cloud provider. However, OpenAI’s rapid growth has prompted it to seek increased independence, highlighted by a recent $300 billion agreement with Oracle and collaborations with investors like Softbank on its Stargate data center project. OpenAI’s chairman, Bret Taylor, affirmed that the nonprofit arm will retain full operational control and secure a stake worth over $100 billion in the new corporate structure. This strategic shift underscores OpenAI’s evolution while maintaining its commitment to its nonprofit ethos.
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