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VisitOpenAI Seeks Billions from Microsoft by Dropping AGI Clause
Dec 6, 2024, 02:29 PM
OpenAI is in discussions to remove a clause from its corporate structure that currently restricts Microsoft's ($MSFT) access to its most advanced AI models upon achieving Artificial General Intelligence (AGI). This strategic shift aims to unlock billions of dollars in future investments from Microsoft, its key investor. The clause, known as the 'AGI clause,' would be removed to allow Microsoft to continue benefiting from OpenAI's technology, potentially altering the dynamics of their partnership. The decision to remove the clause would be determined by OpenAI's board, which currently holds the power to decide when AGI has been achieved.
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