MICROSOFT is prepared to abandon its high-stakes negotiations with OpenAI over the future of its alliance, the Financial Times (FT) reported on Wednesday.
MICROSOFT is prepared to abandon its high-stakes negotiations with OpenAI over the future of its alliance, the Financial Times reported on Wednesday. The tech giant has considered pausing discussions with the ChatGPT maker if the two sides remain unable to agree on critical issues such as the size of Microsoft 's future stake in OpenAI, the report said, citing people familiar with the matter.
OpenAI requires approval from Microsoft, its major backer, to complete its transition into a public-benefit corporation, which it believes will make it easier to raise more capital. Job cuts The tech giant is planning to cut thousands of jobs, particularly in sales, as it streamlines its workforce amid increased investments in AI, Bloomberg News reported on Wednesday, citing people familiar with the matter.
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