OpenAI has informed investors about a significant change in its revenue-sharing agreement with Microsoft (MSFT, Financial) due to ongoing company restructuring. Initially, OpenAI agreed to share 20% of its revenue with Microsoft until 2030. However, the company now plans to reduce this share to 10% with Microsoft and other commercial partners.
The restructuring process involves maintaining control under its non-profit parent company and potentially limiting CEO Sam Altman's authority. Despite these changes, Microsoft has expressed interest in continuing to access OpenAI's technology beyond 2030. OpenAI confirmed its commitment to collaborating closely with Microsoft and is working on finalizing the details of its capital restructuring soon.
