Microsoft loses exclusive access to OpenAI’s models and tools while ending revenue-sharing deal with ChatGPT maker
Microsoft shares dropped as it announced a revised agreement with OpenAI.
The amended agreement ends revenue-sharing payments from Microsoft to OpenAI, and also ends Microsoft’s exclusive access to OpenAI’s intellectual property (i.e. models and products).
OpenAI’s revenue sharing with Microsoft will end in 2030, is subject to a total cap, and is no longer dependent on its achieving artificial general intelligence.
Amazon, a likely beneficiary of this lack of exclusivity, initially popped on the news but erased those gains.
This is a developing story.
