Microsoft and OpenAI amend their deal to let OpenAI serve all its products across any cloud provider; Microsoft will no longer pay a revenue share to OpenAI (OpenAI)

Techmeme ·

Microsoft and OpenAI restructured their partnership, allowing OpenAI to serve products across any cloud provider while Microsoft exits its revenue-share obligations.

Categories: Money & Moves

Excerpt

<a href="https://openai.com/index/next-phase-of-microsoft-partnership"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260427/i24.jpg" vspace="4" /></a> <p><a href="http://www.techmeme.com/260427/p24#a260427p24" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://openai.com/">OpenAI</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://openai.com/index/next-phase-of-microsoft-partnership">Microsoft and OpenAI amend their deal to let OpenAI serve all its products across any cloud provider; Microsoft will no longer pay a revenue share to OpenAI</a></b></span>&nbsp; &mdash;&nbsp; Amended agreement provides long-term clarity.&nbsp; &mdash;&nbsp; The rapid pace of innovation requires us to continue to evolve our partnership to benefit our customers and both companies.</p>