Relationships between OpenAI and its warm -up of Microsoft minority shareholders. The two groups announced a preliminary agreement on “the next phase” of their collaboration in a press release this Thursday, September 12.
This protocol is “non -uniform,” said the two companies, who say “actively work to finish the contractual terms in a final agreement.”
This is an essential step in Openai restructuring. The Chatgpt creator seeks to raise capital and, in the long term, to enter the stock market to finance the development of its artificial intelligence.
Microsoft has associated with OpenAI since 2016, when it had assigned computer capabilities to the start-up co-founded by Elon Musk in exchange for access to the results of its research. In 2019, Redmond’s giant (Washington state) went beyond investing one billion dollars in Openai.
Over the years, Microsoft has brought this amount to around $ 13 billion in total, for 49% of the capital of OpenAi Global, a commercial entity of the new company, which, however, remains controlled by a non -profit company, OpenAI.
The Chatgpt creator has been working for several months in the review of his statutes to adopt a structure closer to the traditional model, which would allow him to raise additional funds.
Towards an assessment at 500 billion
The preliminary agreement establishes that Microsoft will participate in the new commercial company, but also that the non -profit company will also receive shares, whose value is estimated at more than $ 100 billion, wrote on Thursday, on the site of Operai, its president, Brett Taylor.
During its last capital increase, announced in March, the generative pepita of artificial intelligence (AI) was valued of $ 300 billion.
According to CNBC, Operai is currently discussing a new round, for a commercial value of 500 billion. The new legal structure must be validated by prosecutors of the states of Delaware and California.
Since last year, speculation is going well in the alleged deterioration of relationships between Microsoft and OpenAi. This degradation was mainly due to Openai’s emergence, in a few years, from a mastodon research laboratory of the generative AI, with a consumption product used by hundreds of millions of Internet users.
This development is now positioning, in certain markets, Openai as a Microsoft competitor. On Thursday, the two companies said they “focused on carrying out the best AI for all tools”, an “anchored” approach in their “common commitment to security.” Wall Street welcomed the announcement and exchanges after the fence, Microsoft’s title won almost 2%.
Source: BFM TV
