Microsoft is preparing to withdraw from the crucial negotiations with OpenAI.
Microsoft Prepares to Withdraw from Key Negotiations with OpenAI
Microsoft is ready to withdraw from crucial negotiations with OpenAI regarding the prospects of a multi - billion - dollar cooperation. OpenAI is seeking to transform from a non - profit organization into a for - profit company. According to people familiar with the matter, if the two sides still cannot reach an agreement on key issues, such as the scale of Microsoft's future stake in OpenAI, Microsoft has considered halting the complex discussions with OpenAI. These people familiar with the matter said that in such a situation, Microsoft would rely on existing commercial contracts and continue to use OpenAI's technology until 2030, unless an alternative equivalent or superior to the current agreement emerges. However, Microsoft has been acting "in good faith", and the two sides meet every day at present, striving to come up with a viable plan and still holding hope of reaching an agreement. OpenAI needs to reach an agreement with Microsoft to complete its transformation from its non - profit origins to a more conventional corporate structure.
—— Financial Times(Full - text Screenshot)
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