"Microsoft retains a non-exclusive licence to OpenAI's intellectual property through 2032, remains the primary cloud partner, and keeps its 27% equity stake. OpenAI will continue paying Microsoft a revenue share through 2030, capped at a total amount."
"Under the revised terms, Microsoft will retain a licence to OpenAI's intellectual property for models and products through 2032, but that licence will now be non-exclusive. OpenAI may now sell its products and serve customers across any cloud provider, not only Microsoft Azure."
"The market read the agreement as a net negative for Microsoft and a net positive for its cloud rivals. Microsoft shares fell approximately 3% on Monday following the announcement. Amazon and Alphabet each gained slightly."
Microsoft and OpenAI revised their partnership agreement, ending Microsoft's exclusive rights to sell OpenAI's AI models. Microsoft retains a non-exclusive license to OpenAI's intellectual property through 2032 and remains the primary cloud partner. OpenAI can now sell its products across any cloud provider. Revenue share payments from OpenAI to Microsoft will continue through 2030, but Microsoft will no longer pay a revenue share on resold products. The market reacted negatively for Microsoft, with shares falling approximately 3%, while Amazon and Alphabet gained slightly.
Read at TNW | Microsoft
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