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OpenAI negotiates with Microsoft to unlock new funding and future IPO, FT reports

By Thomson Reuters May 11, 2025 | 7:55 AM

(Reuters) -OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation designed to allow the ChatGPT maker to launch a future IPO, while protecting the software giant’s access to cutting-edge AI models, the Financial Times reported on Sunday.

(Reporting by Rhea Rose Abraham in Bengaluru; Editing by Emelia Sithole-Matarise)