Microsoft and OpenAI are reportedly restructuring their partnership, with Microsoft ceasing its revenue-sharing agreement with the artificial intelligence company. This shift marks a significant evolution in the collaboration between the two tech giants.
Reports indicate that Microsoft will also no longer maintain exclusive access to OpenAI's advanced technology. Following these developments, Microsoft's stock experienced a decline.
OpenAI is said to be capping Microsoft's revenue share as part of the updated terms. This is a developing story and will be updated as details emerge.