OpenAI caps Microsoft payments at $38B, down from $135B
- Source
- The Information
- Time
- 1:48 AM
- Weight
- 94/100
OpenAI has reached a new financial agreement with Microsoft that significantly reduces its projected expenditures for cloud computing and related services through 2030. Under the revised terms, OpenAI's total payments to Microsoft are now capped at $38 billion, a sharp decrease from the previous projection of $135 billion.
This adjustment is expected to result in approximately $97 billion in savings for the artificial intelligence company over the next several years. The restructured deal comes as OpenAI manages the massive infrastructure costs required to train and deploy its generative AI models on Microsoft's Azure platform.