fintech / news / / The Economic Times
Microsoft's stock dipped following a new deal with OpenAI.
Microsoft's exclusive access to OpenAI technology has ended under the revised partnership.
KEY POINTS
- OpenAI can now deploy its technology on rival cloud platforms like Amazon and Google.
- Microsoft will retain a license to OpenAI's intellectual property through 2032.
- Financial terms now cap revenue sharing between Microsoft and OpenAI through 2030.
COMPANIES
Summarized by Newsio from The Economic Times. How we summarize →