Feng Huang Wang·2025-09-11 23:08Core Points - Microsoft and OpenAI have signed a non-binding agreement to redefine their relationship, allowing OpenAI to pursue its plan to restructure as a for-profit company [1] - The agreement aims to eliminate several obstacles faced by OpenAI in its transition [1] - OpenAI's current non-profit board chairman, Bret Taylor, indicated that the non-profit entity will control the for-profit company through a $100 billion stake, retaining decision-making power [1] - The agreement comes amid increasing tensions between Microsoft and OpenAI, with Microsoft being OpenAI's earliest partner and largest investor [1] - Microsoft has integrated OpenAI's technology into various products but also acts as a constraint since it is the sole cloud service provider for OpenAI [1]