Microsoft and OpenAI are reportedly in talks over how much equity the Big Tech giant will receive for its nearly $14 billion investment in the AI firm as it navigates an unusual shift from nonprofi…
Microsoft is reportedly in a tussle with OpenAI over what size piece it will get of the artificial intelligence juggernaut as the latterBoth firms have turned to investment banks for advice in the high-stakes negotiations as Microsoft seeks a major slug of equity in OpenAI in exchange for the $14 billion in cash it has injected into the company thus far,
Amazon exec tells employees to quit if they don't want to work 5 days a week in office: 'There are other companies around' The jockeying over equity rights is playing out amid signs of behind-the-scenes tension between Microsoft and OpenAI, according to a separate report.Suleyman is head of Microsoft’s in-house consumer AI unit and reports directly to Nadella.
Others at Altman’s firm were said to be irritated that Microsoft engineers had bypassed mutual agreed protocols while downloading OpenAI software.Meanwhile, OpenAI has reportedly pushed Microsoft for more favorable terms as it looks to secure more computing power to run its AI programs – and to allow it to seek sources outside the company.
Tech Artificial Intelligence Investments Microsoft Openai Sam Altman Satya Nadella
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Microsoft Will Buy OpenAI Within Three Years, Analyst PredictsBarry Collins has been a technology writer and editor for more than 20 years. He covers new developments in PCs, Macs, gaming and more, including the CrowdStrike crisis. He was assistant editor of The Sunday Times’ technology section, editor of PC Pro magazine and has written for more than a dozen different publications and websites over the years.
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