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OpenAI wants to remove a clause about AGI from its Microsoft contract to encourage additional investments, report says

Dec 06, 2024 - businessinsider.com
OpenAI is considering removing a clause from its contract with Microsoft that would end Microsoft's access to its advanced AI models once the startup achieves artificial general intelligence (AGI). The clause is intended to prevent the misuse of AGI for commercial purposes, but its removal could encourage further investment from Microsoft, which has already invested at least $13 billion in OpenAI.

The decision to remove the clause is still under discussion by OpenAI's board. If the clause remains, OpenAI's nonprofit board will decide when AGI is achieved and take ownership of the technology. OpenAI is also reportedly planning to restructure to a for-profit benefit corporation, which would give CEO Sam Altman equity in the business for the first time.

Key takeaways:

  • OpenAI is considering removing a clause from its contract with Microsoft that would end Microsoft's access to OpenAI's advanced AI models once the startup achieves artificial general intelligence (AGI).
  • The clause is intended to prevent misuse of AGI for commercial purposes, but its removal could encourage further investment from Microsoft.
  • OpenAI's nonprofit board currently has the power to decide when AGI is achieved and to take ownership of the technology at that point.
  • OpenAI is reportedly working on plans to restructure to a for-profit benefit corporation, which would no longer be controlled by its nonprofit board and would give CEO Sam Altman equity in the business for the first time.
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