【British Media: OpenAI and Microsoft in Talks to Unlock New Funding and Future IPO】 Jin Shi Data reported on May 11 that, according to the Financial Times, OpenAI and Microsoft are rewriting the terms of their multi-billion dollar partnership, aiming to enable the ChatGPT maker to conduct an IPO in the future while ensuring Microsoft retains access to cutting-edge AI models. As OpenAI's largest supporter, Microsoft is currently one of the key obstacles to OpenAI's restructuring plans. This restructuring will further distance OpenAI from its non-profit origins. A core issue in the negotiations is how much equity Microsoft will receive in the restructured company for its over $13 billion investment in OpenAI to date. According to several people familiar with the negotiations, both parties are also revising a broader set of contractual terms. This contract was initially signed in 2019 when Microsoft first invested $1 billion in OpenAI and is currently valid until 2030, covering Microsoft's access to OpenAI's intellectual property (such as models and products) and revenue sharing from product sales. Three informed sources stated that Microsoft is proposing to relinquish some of its equity in OpenAI's new profit-making ventures in exchange for continued access to its new technologies beyond 2030.

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