Openai is negotiating with Microsoft to cancel new financing insurance and future subscription

Openai and Microsoft rewrites the conditions of its billion dollars in its partnership in high -risk negotiations designed to allow the Chatgpt maker to launch the public subscription in the future, while protecting the arrival of the software giant to advanced artificial intelligence models.

Microsoft, the largest supporter in Openai, is a major career for the start of the 260 billion dollar operating plans for the restructuring of companies that transport the group away from its roots as a non -profit organization with a mission to develop artificial intelligence “to benefit from humanity.”

An important problem with deliberations is the amount of equality in the Microsoft Group that Microsoft will get for more than $ 13 billion that you have invested in Openai until now.

According to many people who have knowledge of negotiations, the husband also reviews the terms of a broader contract, which was first formulated when Microsoft first invested a billion dollars in Openai in 2019.

The contract currently lasts until 2030 and covers what Access Microsoft for Intellectual Property in Openai such as models and products, as well as a share of revenue from product sales.

Three people with direct knowledge of the conversations said that Microsoft has been subjected to abandoning some shares in the new Openai’s business that aims to profit in exchange for reaching the new technology that was developed after 2030.

This deal is crucial for Openai’s restructuring efforts and can dictate the future of the company that was at the forefront of technology groups to build large linguistic models, a transformative technology that has begun to disrupt global industries.

Openai CEO, Sam German, said his goal is to move forward and build artificial general intelligence, systems that go beyond human capabilities.

Openai last week got rid of controversial plans that would have removed the group’s final control by its non -profit council. However, she kept plans for her business arm to become a general interest company (PBC), a body that focuses on social good in addition to achieving profits.

This institutional model, adopted by competitors such as Antarbur and Elon Musk’s Venture Xai, will allow Openai to provide property rights to investors to work. The person close to the company said that the change is a major demand for investors and will ensure that “public subscription is possible” in the future.

Negotiations are held between Openai and Microsoft due to cooling between companies, according to several people who have direct knowledge of their relationship.

The groups remain closely cooperating. Microsoft has included Openai in its software products, while providing it with huge quantities of computing energy to train artificial intelligence models.

But Openai’s ambitions have increased competition with the largest donor. The startup company has targeted the customers of the institutions of Amnesty International, while searching for partners such as Softbank in Japan and Larry Ellison’s Oracle to build the wide computer infrastructure called “Stargate”.

“The friction comes partially because of the style. Openai tells Microsoft,” He gives us money and our account and moved away from the way: Be happy to be on a trip with us. “This of course leads to tensions.” Frankly, this is a bad partner’s position, it shows arrogance. ”

A person close to Openai said: “Microsoft still wants (this conversion) to succeed. It is not as if everything has gone to hell and is an open war. There are difficult negotiations but we are confident that we will do it.”

Openai was founded as a non -profit research laboratory in 2015 by Altman, Musk and nine others. The group launched a subsidiary of profit in 2019, which external groups can invest in exchange for a share of future profits, to the maximum.

At that time, the group asked for investors, including Microsoft, to look at this funding “in the spirit of donation” and warned them that its mission would work as a precedence over profits.

But new investors did not consider their support as a donation.

In October of last year, Openaii raised $ 6.6 billion from Softbank, Microsoft and Desure Capitalists including Throwing Capital and Altimeter Capital. In March, she raised another $ 40 billion in a tour led by Softbank.

As part of these deals, the provisions contained in investor contracts put the amount of shares they will get when Openai turns into a new structure.

These contracts mean that investors have the option to recover some or all the money they committed if Openai fails to transfer to PBC. Openai executives are confident that their supporters will remain committed even if there is a delay to restructure.

A person close to Openai said that the condition of conversion to a more traditional group of profit is “a high -level recognition of what is required to raise this amount of money.”

Even if a deal can be reached with Microsoft, Openai faces more obstacles. On Monday, she pledged to make sure that her business arm is still being controlled by a non -profit council by giving the council a large share in the shares in PBC and the authority to nominate its managers.

But this failed to satisfy critics who claim that Openai does not spoil its mission by making profit for the purpose.

Musk, who left Openai after falling with Altman, pledged to continue his legal procedures that seek to stop any company restructuring.

“The charitable institution is still turning its assets and technology into private people for special gains-including Sam Al-Dmaan-during the transfer of all the actual charitable association’s work on AI/AGI to a giant profit company,” Mark Mark Tobrov’s lawyer wrote in a statement.

Big Hedley, a former Openai employee, said that the proposed changes undermined Openai’s mission and created “the possibility of obtaining unusual wealth and an artificial public intelligence (to) to be re -allocated from the audience to Openai investors.

Openai must also persuade the authorities in California and Dillauer – its headquarters and its integration – that its proposal will support the group’s mission in favor of the public.

Cathy Jennings, the Delaware Prosecutor, said that she will review the new Openai’s plan “to comply with the Dillauer Law by ensuring that it corresponds to the charitable purpose of Openai and that the non -profit entity reserves the appropriate control of the calm entity of profit.”

Industry people said that the failure of the Openai’s new plan to make its PBC commercial arm may prove an important blow. This would strike Openai’s ability to collect more money, achieve future float, and obtain financial resources to take over adult technology competitors such as Google.

Dorothy Lund, a law professor at Colombia’s Law Faculty, said that this has left the future of Openai at the mercy of investors, such as Microsoft, who want to make sure that it takes advantage of its massive growth.

She said: “When you are a company driven by the task you need money from investors, you are in a dangerous situation,” she said. “You have to walk on this line: you want your investor to continue to give you huge checks of one billion dollars, so you need to keep them happy.”