Facing a key year-end deadline, OpenAI negotiations with Microsoft might drag into 2026
If OpenAI doesn’t complete its conversion to a for-profit public benefit corporation by the end of the year, it may lose out on a $10 billion SoftBank investment.
With that crucial deadline racing toward us, OpenAI’s contentious negotiations to restructure its $13 billion deal with Microsoft look like they might drag into next year.
The Financial Times is reporting that one of the sticking points in the negotiation is the clause that lets OpenAI cut off Microsoft’s access to its intellectual property when the company achieves the loosely defined goal of “artificial general intelligence” (AGI). Microsoft CEO Satya Nadella reportedly wants to remove the AGI clause altogether.
According to the report, the renegotiated agreement would clear the way for an eventual OpenAI IPO.
The Financial Times is reporting that one of the sticking points in the negotiation is the clause that lets OpenAI cut off Microsoft’s access to its intellectual property when the company achieves the loosely defined goal of “artificial general intelligence” (AGI). Microsoft CEO Satya Nadella reportedly wants to remove the AGI clause altogether.
According to the report, the renegotiated agreement would clear the way for an eventual OpenAI IPO.
