OpenAI restructures to attract investment
Seeking to expand investment opportunities, OpenAI is reconsidering a key clause that limits Microsoft’s access to its most advanced AI models, marking a potential shift in its corporate structure.
OpenAI is exploring the removal of a clause that restricts Microsoft’s access to its most advanced AI technology Artificial General Intelligence (AGI) once it is achieved. AGI, defined as a system that surpasses human capability in economically valuable tasks, has been excluded from Microsoft’s agreements under existing terms. The Financial Times reports that OpenAI aims to unlock further investments by lifting this restriction.
The clause, designed to safeguard AGI from misuse, currently gives OpenAI’s non-profit board control over such breakthroughs. Discussions within the board are ongoing, and no decision has been finalised. If the change proceeds, Microsoft could retain full access to future OpenAI advancements, even post-AGI, aligning with their significant backing of OpenAI.
This potential shift follows OpenAI’s restructuring efforts, including becoming a for-profit benefit corporation. In October, the company closed a $6.6B funding round, valuing it at $157B, as it continues redefining the AI market.