OpenAI and Microsoft sign preliminary deal to revise partnership terms

OpenAI and Microsoft have signed a preliminary agreement to revise the terms of their existing partnership. The move comes as OpenAI, the artificial intelligence research company, pursues a restructuring to become a for-profit entity. The two companies have been collaborating since 2019, with Microsoft providing crucial funding and cloud computing resources to support OpenAI's research and development. However, as OpenAI explores a shift towards a for-profit model, the partnership terms need to be renegotiated. The preliminary deal outlines the framework for the revised partnership, though the final terms are yet to be finalized. The agreement is expected to address issues such as the scope of the collaboration, intellectual property rights, and the financial arrangements between the two companies. The restructuring of OpenAI's business model is seen as a strategic move to secure additional funding and resources as the company continues to push the boundaries of AI technology. The outcome of the partnership renegotiation will be closely watched by the tech industry and AI community.