Re-Vamp ✨


"As part of the new agreement, the companies said revenue share payments from OpenAI to Microsoft will be subject to a total cap, but they will continue through 2030, independent of OpenAI’s technology progress. 

"Microsoft no longer needs to determine its response if OpenAI finds that it has reached artificial general intelligence, or AGI, which is a term for an AI system that rivals or exceeds human intelligence.

"The revenue share between the two companies has existed for years. OpenAI will pay Microsoft at the same percentage, which is 20%, as part of the new deal, according to a source familiar with agreement who asked not to be named because the details are confidential. 

"That means, for example, Microsoft continues to get a cut of every ChatGPT subscription purchase.

"To date, when users have paid for access to OpenAI models through Azure, Microsoft has made payments to OpenAI. However, Microsoft will no longer pay a revenue share to OpenAI, according to Monday’s blog post." 

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