Apple reportedly reached a payments agreement with Chinese tech giant Tencent.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The new arrangement will see Apple handle payments and take a 15% cut of purchases of mi ...

Core Insights - OpenAI is expected to reduce its revenue share with commercial partners, specifically Microsoft, from the current 20% to approximately 8% by the end of the decade [1] Company Summary - The current revenue sharing percentage with Microsoft stands at 20% [1] - The projected decrease to 8% indicates a significant reduction in revenue sharing over the next several years [1]