OpenAI expects to cut share of revenue it pays Microsoft by 2030
Group 1 - OpenAI plans to reduce its revenue share to Microsoft from 20% to 10% by 2030 [1][2] - The company is restructuring to become a public benefit corporation while remaining under the control of its nonprofit division [1] - Microsoft has invested tens of billions in OpenAI and has a contract that includes revenue sharing and rights to OpenAI's IP [3] Group 2 - Microsoft has not yet approved OpenAI's proposed corporate structure, seeking to protect its investment [3] - The current agreement between OpenAI and Microsoft is set to last until 2030 [3] - OpenAI's new plan aims to align its financial interests with its business partners [2]