From Cointelegraph

May 11, 2025 3:39 PM:

Tech giant Microsoft and AI firm OpenAI are in talks to renegotiate their investment deal. Microsoft may give up some equity for continued access to OpenAI’s products post-2030. Microsoft has invested over $13 billion in OpenAI since 2019. OpenAI is restructuring to focus on profit, facing pushback from co-founders like Elon Musk.

OpenAI, originally a non-profit, faces criticism for considering a for-profit shift. Elon Musk and others file litigation against OpenAI to block the conversion. Musk criticizes OpenAI’s closed-source software development. In February, Musk’s group bid $97.4 billion for OpenAI, which was rejected. OpenAI decides to shift to a public benefit corporation structure.

OpenAI’s proposed shift to for-profit faces opposition. Elon Musk criticizes the move to closed-source software. Musk’s bid to take over OpenAI is rejected. OpenAI abandons the for-profit shift, opting for a public benefit corporation structure.

Read more at Cointelegraph: Microsoft and OpenAI renegotiate investment deal: Report