According to Deep Tide TechFlow news on May 11, the Financial Times reported that OpenAI and Microsoft are in talks to unlock new funding and a future IPO. A key issue in the negotiations is how much equity the restructured company will grant Microsoft in return for the over $13 billion that Microsoft has invested in OpenAI to date.

According to several informed sources, both parties are also revising the terms of a broader cooperation agreement, which was initially drafted in 2019 when Microsoft first invested $1 billion in OpenAI. The contract is currently valid until 2030 and covers Microsoft's rights to use intellectual property related to OpenAI's models and products, as well as revenue sharing from product sales.