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OpenAI plans to cut 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 · 1d

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 · 1d

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.

OpenAI, Sam Altman and China

Associated Press News on MSN · 5h

OpenAI CEO Sam Altman and 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 transform global business,

GeekWire on MSN · 5h

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

Microsoft’s Brad Smith, and other tech leaders testified before the U.S. Senate in a wide-ranging 2025 hearing on AI regulation, infrastructure, and competition with China.

Fox Business on MSN · 3h

OpenAI chief Sam Altman: US barely ahead of China in artificial intelligence arms race

Sen. Ted Cruz chaired a Commerce Committee hearing featuring Sam Altman, Lisa Su, Michael Intrator and Brad Smith.

OpenAI Hires Instacart CEO

The New York Times · 17h

OpenAI Hires Instacart C.E.O. to Run Business and Operations

Sam Altman, OpenAI’s chief executive, said he hired Instacart’s Fidji Simo to join in a new role as chief executive of applications.

Fast Company · 5h

Instacart CEO Fidji Simo is heading to OpenAI: Here’s what you need to know

The woman behind Instacart’s successful IPO, Fidji Simo, is joining OpenAI’s C-suite. On Wednesday, OpenAI CEO Sam Altman announced Simo’s new role as CEO of Applications. She will report directly to him after transitioning out of her current role at Instacart later this year.

Wall Street Journal · 16h

OpenAI Hires Instacart CEO as Head of Applications

OpenAI said Instacart’s chief executive is joining the company to lead its applications business as the ChatGPT maker looks to scale its operations and drive growth.

6hon MSN

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

U.S. Sen Ted Cruz called Thursday for the federal government to take a "light touch" in regulating tech companies as they ...

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 ...

Cryptopolitan1d

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 ...

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 ...

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 ...

Stocktwits on MSN8h

OpenAI, Microsoft, AMD To Present Senate With AI Wishlist To Beat China

Advanced Micro Devices (AMD), and CoreWeave (CRVW) are scheduled to testify before the Senate Commerce Committee on Thursday, ...

13h

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 ...

20hon 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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