OpenAI to share 8% of its revenue with commercial partners, The Information reports

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OpenAI has projected that by the end of the decade it will be sharing about 8% of its revenue with commercial partners, namely Microsoft, down from the current 20%, The Information reported on Friday.

The difference between those figures adds up to more than $50 billion in additional revenue OpenAI would keep for itself, the report said.

The report was not clear if that was an accumulative or annual figure. OpenAI and Microsoft did not immediately respond to Reuters requests for comment.

The two companies are also negotiating how much OpenAI will have…



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OpenAI to share 8% of its revenue with commercial partners, The Information reports



OpenAI has projected that by the end of the decade it will be sharing about 8% of its revenue with commercial partners, namely Microsoft, down from the current 20%, The Information reported on Friday.

The difference between those figures adds up to more than $50 billion in additional revenue OpenAI would keep for itself, the report said.

The report was not clear if that was an accumulative or annual figure. OpenAI and Microsoft did not immediately respond to Reuters requests for comment.

The two companies are also negotiating how much OpenAI will have…



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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