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OpenAI and Microsoft
on Monday announced a revamped partnership agreement that will allow the artificial intelligence company to cap revenue share payments and serve customers across any cloud provider.
As part of the new agreement, the companies said revenue share payments from OpenAI to Microsoft will be “subject to a total cap,” but they will continue through 2030, “independent of OpenAI’s technology progress.” Microsoft no longer needs to determine its response if OpenAI finds that it has reached artificial general intelligence, or AGI, which is a term for an AI system that rivals or exceeds human intelligence.
The revenue sharing agreement between the two companies has existed for years. OpenAI will pay Microsoft at the same percentage, which is 20%, as part of the new deal, according to a source familiar with agreement who asked not to be named because the details are confidential. Microsoft will no longer pay a revenue share to OpenAI, according to a blog post.
