Back to Feed
Fintech– 0
Microsoft, OpenAI Forge New Revenue Pact
PYMNTS·
Microsoft and OpenAI have established a revised revenue and technology agreement, aiming to streamline their collaborative efforts. This new arrangement provides greater predictability for both entities, bolstering their capacity to develop and operate advanced AI platforms. The specifics of the revenue-sharing model have been altered, moving away from the previous structure. This strategic alignment is expected to enhance their joint progress in the rapidly evolving field of artificial intelligence, ensuring a more stable foundation for future innovation and deployment of AI technologies.
Tags
ai
fintech
Original Source
PYMNTS — pymnts.com