Microsoft To Stop Sharing Revenue With OpenAI

Bloomberg reports that Microsoft is ending revenue-sharing payments to OpenAI (paywalled; alternative source) and making the partnership non-exclusive. "The rapid pace of innovation requires us to continue to evolve our partnership to benefit our customers and both companies," Microsoft said Monday in a blog post. Bloomberg reports: The revised deal is meant to simplify a complicated relationship between two partners that has been foundational to OpenAI's rise and the broader AI boom. OpenAI has since pursued partnerships with multiple cloud providers, including Microsoft rival Amazon.com Inc., to meet its growing computing needs to build and service AI software to a wider audience. As part of OpenAI's restructuring last year as a for-profit business, Microsoft received a 27% ownership stake in the AI startup.

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