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Microsoft and OpenAI Revise Partnership Amid Governance Disputes

9/12/2025

Summary

Story summary

Microsoft and OpenAI agreed on September 11, 2025, to revise partnership terms, enabling OpenAI to become a public benefit corporation (PBC).
OpenAI's nonprofit will retain oversight and an equity stake exceeding $100 billion, boosting its philanthropic efforts.
Microsoft has invested over $13 billion in OpenAI since 2019, seeking ongoing access to its technology.
The agreement requires approval from California and Delaware regulators.
Ongoing disputes over revenue splits and governance complicate the partnership, with OpenAI aiming to finalize a definitive agreement soon.

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Story summary

Microsoft and OpenAI agreed on September 11, 2025, to revise partnership terms, enabling OpenAI to become a public benefit corporation (PBC).
OpenAI's nonprofit will retain oversight and an equity stake exceeding $100 billion, boosting its philanthropic efforts.
Microsoft has invested over $13 billion in OpenAI since 2019, seeking ongoing access to its technology.
The agreement requires approval from California and Delaware regulators.
Ongoing disputes over revenue splits and governance complicate the partnership, with OpenAI aiming to finalize a definitive agreement soon.