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Sources: OpenAI wants Microsoft to take a ~33% stake in exchange for giving up future profit rights, and seeks to revise its exclusive cloud deal with Microsoft (The Information)

The Information:
Sources: OpenAI wants Microsoft to take a ~33% stake in exchange for giving up future profit rights, and seeks to revise its exclusive cloud deal with Microsoft — Negotiations between Microsoft and OpenAI over the startup’s plan to restructure its for-profit unit, which requires Microsoft’s approval …
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