openai 微软云 的“离婚协议”

Core Insights - Microsoft supports OpenAI's board in establishing a Public Benefit Corporation (PBC) and capital restructuring, resulting in a valuation of approximately $135 billion for Microsoft's investment in OpenAI, representing about 27% of the diluted equity structure [1] - The new agreement retains key elements of their successful collaboration, ensuring OpenAI remains Microsoft's leading model partner, with exclusive intellectual property rights and Azure API operating rights until the emergence of Artificial General Intelligence (AGI) [2] Summary by Sections - Capital Restructuring and Ownership Microsoft holds a 32.5% stake in the profit-making OpenAI company post-restructuring, excluding the impact of recent funding rounds [1] - Agreement Details The agreement can be seen as a renegotiation of their previous "divorce," allowing both companies to maintain their independence while ensuring continued collaboration [2] OpenAI has signed a $250 billion order, with priority purchase rights transferring subsequently [2] Microsoft's exclusive intellectual property rights will be extended until 2032, covering models and systems used in development [2][3] - Intellectual Property and AGI Upon the announcement of AGI, an independent expert panel will verify the claim, with Microsoft's research IP remaining valid until AGI verification or 2030, whichever comes first [3] OpenAI can now collaborate with third parties on product development, with API products being exclusive to Azure [3][4] Microsoft can independently pursue AGI, with computational thresholds imposed on models developed using OpenAI's IP prior to AGI announcement [5] - Revenue Sharing and Future Collaborations The revenue-sharing agreement remains effective until AGI verification, with payments extending over a longer period [5] OpenAI can now provide API access to U.S. government national security clients, regardless of the cloud provider [3] OpenAI is also able to release open-weight models that meet necessary capability standards [3] - Future Independence Both OpenAI and Microsoft are now free to seek new partnerships, potentially with multiple entities [6]