The new agreement maintains Microsoft as OpenAI’s frontier model partner and preserves Microsoft’s exclusive rights to OpenAI’s IP and Azure API exclusivity until the threshold of AGI is reached. Under a previous arrangement,

Since 2019, Microsoft and OpenAI have shared a vision to advance artificial intelligence responsibly and make its benefits broadly accessible. What began as an investment in a research organization has grown into one of the most successful partnerships in our industry.

In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 billion.

Microsoft CEO Satya Nadella said the company is staying responsible with AI investments through fungible assets applicable to a variety of purposes.

The software giant is giving longtime backer Microsoft a 27% ownership stake worth about $135 billion as part of the restructuring plan.