• OpenAI and Microsoft have agreed to cap total revenue-sharing payments at $38 billion.
  • The move follows a contract amendment last month that allows OpenAI to forge new partnerships with companies like Amazon and Google.
  • The payment cap could help OpenAI present a stronger long-term pitch to investors as it works toward a public offering possibly by year-end.
  • Microsoft said in April that revenue-sharing payments from OpenAI would continue through 2030, at the same percentage, subject to an overall cap.
  • Microsoft’s early investment of $13 billion since 2019 helped pave the way for OpenAI’s rise as an AI pioneer.

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