OpenAI's CEO hopes to transform the company into a for-profit entity, with Microsoft being its biggest obstacle

BlockBeats News, December 26th, according to The Information, OpenAI CEO Altman hopes to transform this non-profit-managed artificial intelligence development company into a for-profit entity, with the biggest obstacle he faces being Microsoft. The company holds significant influence in this process as it has pledged over $13 billion to OpenAI.

Since last October, these two companies have been in negotiations regarding potential changes to OpenAI's structure, with the discussions focusing mainly on four aspects:

- Microsoft's equity stake in the for-profit entity;

- Whether Microsoft will continue as OpenAI's exclusive cloud services provider;

- How long Microsoft will retain the right to use OpenAI's intellectual property to meet its product needs;

- Whether Microsoft will continue to take a 20% cut from OpenAI's revenue.

It is currently unclear when OpenAI and Microsoft plan to complete this process, but both parties are rapidly progressing and facing time pressure: if OpenAI fails to complete the transformation within the next two years, recent investors in the financing round can withdraw their funds, along with 9% interest—amounting to approximately $7.2 billion. Company leadership has informed employees that OpenAI hopes to buy back some of their shares after the profit transformation, giving employees ample reason to want to see this transformation completed as soon as possible. (Jinse)