Microsoft and OpenAI remove a clause in their deal that would grant Microsoft IP rights up until OpenAI achieved "AGI", replacing it with a fixed-term agreement (Aaron Holmes/The Information)
Microsoft and OpenAI amended their agreement, dropping the AGI IP clause for a fixed-term arrangement and clearing the path for OpenAI to sell models on competing cloud platforms.
Excerpt
<p><a href="http://www.techmeme.com/260427/p26#a260427p26" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Aaron Holmes / <a href="https://www.theinformation.com/">The Information</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.theinformation.com/briefings/microsoft-gives-exclusive-rights-sell-openai-models-companies-scrap-agi-clause-agreement">Microsoft and OpenAI remove a clause in their deal that would grant Microsoft IP rights up until OpenAI achieved “AGI”, replacing it with a fixed-term agreement</a></b></span> — Microsoft and OpenAI amended the terms of their arrangement, allowing OpenAI to sell its models on competing cloud providers, the companies said on Monday.</p>
Read at source: http://www.techmeme.com/260427/p26#a260427p26