Microsoft prepared to abandon high-stakes talks with OpenAI, FT reports

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Microsoft is prepared to abandon its high-stakes negotiations with OpenAI over the future of its alliance, the Financial Times reported on Wednesday.

The tech giant has considered pausing discussions with the ChatGPT maker if the two sides remain unable to agree on critical issues such as the size of Microsoft’s future stake in OpenAI, the report said, citing people familiar with the matter.

The company plans to rely on its existing commercial contract to maintain access to OpenAI’s technology until 2030, according to the FT report.

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Microsoft prepared to abandon high-stakes talks with OpenAI, FT reports


Microsoft is prepared to abandon its high-stakes negotiations with OpenAI over the future of its alliance, the Financial Times reported on Wednesday.

The tech giant has considered pausing discussions with the ChatGPT maker if the two sides remain unable to agree on critical issues such as the size of Microsoft’s future stake in OpenAI, the report said, citing people familiar with the matter.

The company plans to rely on its existing commercial contract to maintain access to OpenAI’s technology until 2030, according to the FT report.

Microsoft and…



Source link

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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