Deep Tide TechFlow news, on May 11, according to the Financial Times, OpenAI and Microsoft are in talks to unlock new funding and a future IPO. A key issue in the negotiations is how much equity the restructured company will grant to Microsoft in return for the over $13 billion Microsoft has invested in OpenAI to date.

According to several informed sources, the two parties are also revising a broader cooperation agreement that was initially drafted in 2019 when Microsoft first invested $1 billion in OpenAI. The contract is currently valid until 2030 and covers Microsoft's rights to use intellectual property related to OpenAI's models and products, as well as revenue sharing from product sales.