Microsoft Adjusts Cloud Service Agreement With OpenAI

According to Odaily, Microsoft announced on Tuesday that it will no longer be the exclusive cloud service provider for OpenAI. However, Microsoft retains a 'first purchase' option under the new cloud service agreement with OpenAI. This change follows Microsoft's initial $1 billion investment in OpenAI in 2019, which granted them exclusive cloud service rights. Since then, Microsoft has continued to fund the startup, collaborating on building supercomputers for training OpenAI's models. Despite the adjustment, Microsoft maintains exclusive rights to resell OpenAI models on its Azure cloud platform and to reuse OpenAI's intellectual property in its own products. The current agreement between the two companies is set to extend until 2030.