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OpenAI Reduces Microsoft Revenue Share

OpenAI wants to cut Microsoft's revenue share by half by 2030 — following Sam Altman's botched for-profit restructure plan

OpenAI reportedly plans to slash Microsoft's revenue share after the ChatGPT maker's CEO announced that the AI firm jumped ship on its plan to evolve into a for-profit entity.

Reuters on MSN · 2d

OpenAI plans to cut Microsoft revenue share after restructuring, The Information reports

OpenAI has told investors it will share a smaller fraction of revenue with major backer Microsoft as it moves ahead with its restructuring, The Information reported on Tuesday.

TechCrunch on MSN · 2d

OpenAI expects to cut share of revenue it pays Microsoft by 2030

OpenAI sees itself paying a lower share of revenue to its investor and close partner Microsoft by 2030 than it currently does, per a report.

US Tech Leaders on Staying Ahead of China

Benzinga on MSN · 1h

Tech Leaders From Microsoft, OpenAI, AMD Urge Congress to Act Fast to Maintain AI Lead Over China

Top executives from OpenAI, Microsoft, and AMD testified before the U.S. Senate Commerce Committee on Thursday, according to Reuters. The tech leaders warned that without swift investment in infrastructure and revised export policies,

ABC · 23h

OpenAI CEO, other US tech leaders testify to Congress on AI competition with China

OpenAI CEO Sam Altman and executives from Microsoft and chipmaker Advanced Micro Devices testified on Capitol Hill about the biggest opportunities, risks and needs facing an industry which lawmakers and technologists agree could fundamentally

Barron's on MSN · 1d

Sam Altman, Tech Execs Push Congress for Backing in AI Race Against China

The Senate committee hearing is meant to look at how removing regulatory barriers in AI can ‘secure U.S. dominance in the 21st century global industrial revolution.’

OpenAI hires Instacart CEO Fidji Simo

Computerworld · 16h

OpenAI hires Instacart CEO Fidji Simo to oversee customer-facing apps

The hiring of the Instacart exec indicates that OpenAI's roadmap will involve more structured, productized offerings rather than just API access.

Bloomberg L.P. · 1d

OpenAI Recruits Instacart CEO Fidji Simo to Steer Operations

OpenAI is hiring the head of Instacart into a new role as chief executive officer of applications, reshaping leadership at the artificial-intelligence pioneer under CEO Sam Altman.

VentureBeat · 18h

OpenAI names Instacart leader Fidji Simo as new CEO of Applications

Simo’s appointment may also hint at a broader productization push within OpenAI. Her background at Facebook and Instacart

OpenAI, Microsoft tell Senate ‘no one country can win AI’

Executives like OpenAI's Sam Altman said US support for infrastructure would make it easier for AI companies to meet demand.

1don MSN

Ted Cruz calls for 'light touch' on AI in hearing with OpenAI, Microsoft

The Texas senator criticized the former Biden administration for putting safeguards on the new technology, likening it to ...

OpenAI Backtracks, Says Nonprofit Will Retain Control: How Did Musk & Microsoft Respond?

OpenAI scraps plans to become fully for-profit, reaffirming nonprofit control after pressure from critics, investors, and ...

23hon MSN

OpenAI CEO Sam Altman: ChatGPT will ‘probably not’ replace Google as top search engine

OpenAI CEO Sam Altman, Microsoft’s Brad Smith, and other tech leaders testified before the U.S. Senate in a wide-ranging 2025 ...

Cryptopolitan2d

OpenAI is doing everything in its power to permanently break up with Microsoft

OpenAI is cutting Microsoft’s role down to size. The company told investors that it will start sending less of its money to ...

Musk hits back at OpenAI’s claim he’s on quest to harm startup

Elon Musk fired back at OpenAI’s accusation that he’s been waging a “relentless” campaign for more than a year to damage the ...

OpenAI wants to create a public benefit corporation. What does that mean?

The push to restructure reflects OpenAI’s growing business ambitions. Read more at straitstimes.com. Read more at ...

1don MSN

Microsoft, OpenAI to urge senators to speed power supply permitting, boost government data access

Top AI executives, including from Microsoft and OpenAI, urged U.S. lawmakers to modernize energy infrastructure and expand ...

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