OpenAI wants to remove a clause about AGI from its Microsoft contract to encourage additional investments, report says

OpenAI is considering removing a clause from its contract with Microsoft that ends Microsoft's access to its advanced AI models when AGI is achieved, aiming to secure more investment.

The clause is designed to prevent the misuse of AGI for commercial purposes. However, eliminating it may encourage Microsoft to continue its financial support for OpenAI.

CEO Sam Altman stated, 'When we started, we had no idea we were going to be a product company or that the capital we needed would turn out to be so huge,' revealing the company's unexpected financial needs.

Altman expressed optimism about AGI's development timeline, stating, 'My guess is we will hit AGI sooner than most people in the world think and it will matter much less.'

Read at Business Insider