OpenAI is renegotiating its contract with Microsoft to ensure the possibility of a future IPO.

① Microsoft and OpenAI are rewriting the terms of their cooperation, and Microsoft plans to give up part of its equity in exchange for the right to continue using OpenAI's products and models after 2030; ② at the same time, this move also retains the possibility for OpenAI to have an IPO in the future.

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Microsoft's foldable screen gaming phone patent has been approved, possibly paving the way for the Surface Phone.

Gelonghui, May 12 | According to IT Home, a patent named WO2025086084 from Microsoft has now been approved by the European Patent Office, showing that Microsoft's future Surface Phone foldable screen phone will support the installation of a handheld controller, transforming into an "Xbox handheld." Previously, Xbox head Phil Spencer revealed that Xbox is preparing to launch several handheld products and they are expected to enter the market soon.

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Goldman Sachs warns: The earnings report frenzy cannot hide three major headwinds, and it is expected that the S&P 500 Index will have flat returns over the next three months.

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Zhitong Finance53minutes ago

OpenAI is renegotiating the terms of a hundred billion collaboration with Microsoft (MSFT.US) to pave the way for a future IPO.

According to reports, OpenAI is revising a multibillion-dollar partnership agreement with Microsoft. The new agreement will ensure that the ChatGPT manufacturer retains the possibility of going public in the future while ensuring that this software giant continues to have access to AI technology.

Zhitong Finance08:25

OpenAI is paving the way for a future IPO by negotiating a collaboration agreement with Microsoft (MSFT.US).

According to the Financial Times in the United Kingdom, OpenAI and investor Microsoft (MSFT.US) are updating their cooperation terms to allow OpenAI to go public at some point in the future while maintaining Microsoft's access to its AI technology. It is reported that Microsoft proposed to give up part of its equity in OpenAI's new profit-making business in exchange for access to new AI models developed after 2030, as a key contract between the two parties will expire at that time.

AASTOCKS08:22