{"id":129030,"date":"2025-05-11T20:15:27","date_gmt":"2025-05-11T20:15:27","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=129030"},"modified":"2025-05-11T20:15:27","modified_gmt":"2025-05-11T20:15:27","slug":"microsoft-and-openai-renegotiate-investment-deal-report","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=129030","title":{"rendered":"Microsoft and OpenAI renegotiate investment deal: Report"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsTech company Microsoft and artificial intelligence firm OpenAI are reportedly in talks to renegotiate the investment deal between the AI firm and Microsoft, which is OpenAI&#8217;s biggest financial backer.<br \/>\nAccording to a report from the Financial Times, Microsoft may give up a portion of its equity in OpenAI for continued access to the AI company&#8217;s products and models beyond 2030, when some of the original terms of a deal signed between the two companies expire.<br \/>\nMicrosoft has invested over $13 billion into OpenAI since 2019, when it first acquired an interest in the artificial intelligence firm.<br \/>\nOpenAI CEO Sam Altman takes the podium at the White House in January 2025 to discuss AI infrastructure investment in the United States. Source: The White HouseOpenAI is attempting to restructure the company to shift its focus to profit-making. However, those plans have met with pushback from co-founders like Elon Musk and early investors.<br \/>\nThe deal between OpenAI and Microsoft is critical to OpenAI&#8217;s restructuring and the future of the US-based AI startup company. Advancing artificial intelligence has also become a key policy objective for global leaders as the AI arms race heats up.<br \/>\nRelated: OpenAI to stay nonprofit, scrap proposed overhaul<br \/>\nOpenAI faces staunch pushback against for-profit shift<br \/>\nOpenAI was founded as a non-profit entity in 2015 by businessman Elon Musk, tech entrepreneur Sam Altman, and AI researcher Ilya Sutskever.<br \/>\nHowever, in 2024, the company began mulling a corporate restructuring that would convert the company from a non-profit entity to a for-profit corporation.<br \/>\nElon Musk has been one of the biggest critics of the plan, calling into question the legality of the proposed shift in a November 2024 legal filing.<br \/>\nElon Musk and others file litigation against OpenAI to block its conversion to a for-profit company. Source: Court ListenerThe tech billionaire also blasted the company&#8217;s focus on closed-source software development, which he said was not the original objective of OpenAI.<br \/>\n&#8220;OpenAI was actually started and was meant to be open source. I named it &#8216;OpenAI&#8217; after open source, now it is, in fact, closed source. It should be renamed super closed source AI for maximum profit AI,&#8221; Musk told an audience at the New York Times DealBook Summit.<br \/>\nIn February 2025, a group of investors led by Musk submitted a $97.4 billion bid to take over OpenAI. However, the deal was flatly rejected by OpenAI CEO Sam Altman.<br \/>\nMore recently, on May 5, OpenAI announced it was abandoning its shift to a purely for-profit model and is choosing to shift to a public benefit corporation \u2014 a profit-driven structure with legal obligations to fulfill social or public goods objectives \u2014 controlled by a non-profit entity.<br \/>\nMagazine: Crypto AI tokens surge 34%, why ChatGPT is such a kiss-ass: AI Eye<a href=\"https:\/\/cointelegraph.com\/news\/microsoft-open-ai-renegotiate-equity-deal?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsTech company Microsoft and artificial intelligence firm OpenAI are reportedly in talks to renegotiate the investment deal between the AI firm and Microsoft, which is OpenAI&#8217;s biggest financial&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129030"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129030"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129030\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129030"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}