PANews reported on December 26 that according to The Information, OpenAI CEO Altman plans to transform OpenAI from a non-profit organization to a for-profit company, and the key obstacle in this process is Microsoft. Microsoft has pledged to invest more than $13 billion in OpenAI and has a significant influence in the structural adjustment. The core issues of the negotiations between the two parties since October last year include: Microsoft's equity in the for-profit entity, whether to continue to be OpenAI's exclusive cloud service provider, the period for Microsoft to use OpenAI's intellectual property rights, and Microsoft's right to extract 20% of OpenAI's revenue . If OpenAI fails to complete the transformation within two years, investors can recover $7.2 billion plus interest, which puts time pressure on the company. In addition, OpenAI plans to repurchase some employee shares after the transformation, which makes employees hope that the change will be completed as soon as possible.
OpenAI plans to transform into a for-profit company, with Microsoft becoming a key player
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