ChatGPT maker OpenAI negotiates with Microsoft to facilitate new funding, IPO: FT report

May 11, 2025

, By The Economic Times

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Sam Altman‘s OpenAI is renegotiating a multibillion-dollar deal with Microsoft to allow the ChatGPT maker an IPO in the future, while protecting the software giant’s access to cutting-edge artificial intelligence (AI) models, Financial Times reported.Microsoft is OpenAI’s largest backer with an investment of over $13 billion, and a key holdout in the latter’s efforts to restructure into a for-profit company from a non-profit. A critical issue in the negotiations is how much equity Microsoft will hold in the restructured OpenAI.

The original contract…

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ChatGPT maker OpenAI negotiates with Microsoft to facilitate new funding, IPO: FT report

May 11, 2025

, Published By The Economic Times

Sam Altman‘s OpenAI is renegotiating a multibillion-dollar deal with Microsoft to allow the ChatGPT maker an IPO in the future, while protecting the software giant’s access to cutting-edge artificial intelligence (AI) models, Financial Times reported.Microsoft is OpenAI’s largest backer with an investment of over $13 billion, and a key holdout in the latter’s efforts to restructure into a for-profit company from a non-profit. A critical issue in the negotiations is how much equity Microsoft will hold in the restructured OpenAI.

The original contract…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Elizabeth Holmes’ partner has a new blood-testing startup

Next News

Pectra lets hackers drain wallets with just an offchain signature

The Economic Times

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