OpenAI is negotiating with its largest shareholder, Microsoft (MSFT, Financial), for new financial terms. The company aims to restructure so that Microsoft holds approximately 33% of its shares, in exchange for Microsoft relinquishing future profit-sharing rights. OpenAI is also looking to amend the existing contract terms, which currently grant Microsoft exclusive hosting rights for OpenAI's models on its cloud platform.
Additionally, OpenAI seeks to ensure that its acquisition of Windsurf is not constrained by the existing agreement, which allows Microsoft access to OpenAI's intellectual property information. OpenAI wants to progressively reduce the revenue share with Microsoft over the coming years.
