Microsoft and OpenAI are currently engaged in intense negotiations to revise the terms of their multi-billion-dollar agreement. This is reported by TechCrunch, citing the Financial Times.

OpenAI, which has received $13 billion in investments from Microsoft, plans to undergo a restructuring and transition to a public corporation format, potentially paving the way for an initial public offering.

A key issue is Microsoft’s stake in the new business model of OpenAI. According to sources, the company is willing to relinquish part of its stake in exchange for extended access to OpenAI's technologies after 2030. This is significant for Microsoft as it integrates OpenAI's developments into its products, including Copilot.

The negotiations are complicated by increasing competition between companies, as OpenAI actively develops its enterprise business and the ambitious Stargate infrastructure project. The final terms of the deal are not yet determined, but its outcome could greatly impact the companies' collaboration.