OpenAI expects to cut share of revenue it pays Microsoft by 2030 | TechCrunch

Image for article OpenAI expects to cut share of revenue it pays Microsoft by 2030 | TechCrunch
News Source : TechCrunch

News Summary

  • OpenAI sees itself paying a lower share of revenue to its investor and close partner Microsoft by 2030 than it currently does
  • The AI company has told investors it expects to share 10% of revenue with its business partners, including Microsoft, by the end of this decade
  • Microsoft has invested tens of billions in OpenAI, and the two companies currently have a contract until 2030 that includes revenue sharing from both sides
OpenAI sees itself paying a lower share of revenue to its investor and close partner Microsoft by 2030 than it currently does, The Information reported, citing financial documents.The news comes af [+1047 chars]

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