Browsing: OpenAI

OpenAI and Microsoft are renegotiating their partnership as OpenAI prepares for a potential initial public offering (IPO), with discussions focusing on Microsoft’s equity stake and access to future AI technologies.

Tech giants revise terms of wider contract first drafted when Microsoft invested $1 billion into OpenAI in 2019

OpenAI and Microsoft are renegotiating their partnership to pave the way for OpenAI’s future initial public offering (IPO) while ensuring Microsoft maintains access to advanced AI models.

Microsoft has released several new AI models focused on ‘reasoning’ capabilities, with the most advanced being competitive with OpenAI’s o3-mini on certain benchmarks.

OpenAI plans to share a smaller fraction of its revenue with Microsoft by the end of the decade as it moves forward with its restructuring plans

OpenAI plans to lower its revenue share with Microsoft from 20% to 10% by 2030 as part of its restructuring efforts, according to a report by The Information.

Meta Platforms has launched a separate app for its Meta AI assistant, similar to those offered by OpenAI and Google, as it looks to boost the AI assistant’s usage.

Meta Platforms introduces a new AI app with social media integration, challenging OpenAI’s ChatGPT in the competitive AI landscape

Microsoft has invested $13.75 billion in OpenAI and remains the biggest holdout among investors as the ChatGPT maker tries to restructure

AI conversational search engine Perplexity has integrated AI image generation into its platform using OpenAI’s model, offering users visual content alongside text responses.