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OpenAI expects to cut share of revenue it pays Microsoft by 2030
OpenAI currently has a deal to share 20% of revenue with Microsoft, but the AI company expects to cut that share to 10% by 2030, The Information reported.
OpenAI sees itself paying a lower share of revenue to its investor and close partner Microsoft by 2030 than it currently does, The Information reported, citing financial documents. OpenAI currently has an agreement to share 20% of its top line with Microsoft, but the AI company has told investors it expects to share 10% of revenue with its business partners, including Microsoft, by the end of this decade, The Information reported. Microsoft has invested tens of billions in OpenAI, and the two companies currently have a contract until 2030 that includes revenue sharing from both sides.
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