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OpenAI negotiates with Microsoft for new funding and future IPO
Millennium Post Delhi
|New Delhi 12May2025
Microsoft is offering to give up some of its stake against the access to new tech developed beyond the 2030 cutoff
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WASHINGTON: OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation designed to allow the ChatGPT maker to launch a future IPO, while protecting the software giant's access to cutting-edge AI models, the Financial Times reported on Sunday.
This story is from the New Delhi 12May2025 edition of Millennium Post Delhi.
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