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Investing.com -- Microsoft Corp (NASDAQ:MSFT). is in advanced negotiations with OpenAI to secure continued access to the startup’s critical technology, potentially removing a major hurdle to OpenAI’s transition to a for-profit enterprise, according to a report from Bloomberg.
The companies are discussing new terms that would allow Microsoft to use OpenAI’s latest models and other technology even if the startup achieves artificial general intelligence (AGI), according to people familiar with the negotiations. Under the current agreement, Microsoft would lose some rights to OpenAI technology once AGI is attained.
Negotiators have been meeting regularly, with a potential agreement expected within weeks. OpenAI CEO Sam Altman and Microsoft CEO Satya Nadella discussed the restructuring at the Allen & Co. conference in Sun Valley, Idaho, earlier this month.
While discussions have been positive, the deal is not yet finalized and could face new obstacles. Discussions about OpenAI’s future as a profit-company have been ongoing for months.
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