- Microsoft has signed a non -binding memorandum with Openai for its next phase
- Openai may want to become public after it has died from Microsoft
- He already uses Google and others for a computing power
Microsoft and Openai signed a non -binding agreement to restructure Openai in a for -profit company.
The details of the agreement have not been confirmed, but Openai could finally want to become public after raising capital and adopted a more conventional corporate governance model after its enormous success in recent years with a generative AI.
The news comes after huge investments by Microsoft in the Chatgpt manufacturer, including 1 billion dollars in 2019 and another additional investment of several billion dollars in 2023 which proved later about $ 10 billion – around 18% of its total turnover for the second quarter of the 2023 calendar.
OpenAi to enter its next commercial phase
“Openai and Microsoft have signed a non -binding memorandum of understanding for the next phase of our partnership,” said Openai and Microsoft.
“We are actively working to finalize the contractual terms in a final agreement. Together, we remain focused on providing the best AI tools for everyone, based on our common commitment to security. ”
In the previous words, Microsoft had exclusive rights to sell OpenAi software via Azure and had preferential access to its technology, but that has since changed. Today, Microsoft is no longer the only OPENAI calculation provider. In July, we learned that Google Cloud unite its forces with OpenAi for the computing power.
OPENAI is also looking for a certain degree of independence by reducing dependence on third parties, by building its own data center within the framework of the $ 500 billion Stargate project.
PK Press Club Reports citing a service note from the president of the OPENAI non -profit board of directors, Bret Taylor, suggests that the non -profit branch could receive more than $ 100 billion in funding – approximately 20% of the $ 500 billion Openai evaluation will seek on the private markets.
However, with regulatory obstacles now between the change of structure of Openai and its future, which the reshuffle could mean for the Chatgpt manufacturer remains vague.
The increase in Microsoft’s equity prices reached a body at 2.5% in the trade after opening hours after the announcement, marking the confidence of investors in its decision to release Openai from its reins.
