OpenAI expects its revenue sharing with Microsoft (NASDAQ:MSFT) and other commercial partners to drop to about 8% by 2030 from the current 20%, The Information reported shortly after the ChatGPT creator signed a deal to renegotiate its relationship with the tech giant.
The adjustment could add up to more than $50B in additional revenue for the AI startup, the report said, without specifying whether it was an aggregate or annual figure.
The Sam Altman-led company is also negotiating the amount it will have to pay for servers rented from Microsoft (NASDAQ:MSFT), The Information reported, citing a person familiar with the discussions.
On Friday, the duo announced a non-binding agreement to renegotiate the terms of their existing partnership under which OpenAI’s nonprofit arm is entitled to over $100B or ~20% of the $500B valuation the company is seeking in private markets.
