A Financial Times the article claims that OpenAI is in talks to remove a stipulation from its agreement with Microsoft (NASDAQ:MSFT) limiting access to its advanced AI models once they reach artificial general intelligence (AGI). With Microsoft committing more than $13 billion to OpenAI, this action could enable closer cooperation and greater investment from the company.
Designed to protect AGI from commercial exploitation, the clause gives OpenAI’s nonprofit board jurisdiction over these technologies and specifically excludes AGI from any commercial licensing and intellectual property agreements.
Eliminating the clause resolves concerns that Microsoft’s incentives to invest more may be limited. Expenses related to the development of innovative AI and the restructuring of OpenAI into a public utility company have made more funding necessary. Recently raising $6.6 billion in capital, the company values it at $157 billion and faces stiff competition from rivals such as Alphabet (GOOG, GOOGL) and Amazon (NASDAQ:AMZN). Speaking at a recent conference, CEO Sam Altman said the company is keeping flexibility in its plans and views AGI as an important step.
This article first appeared on GuruFocus.