OpenAI to Save $97 Billion Through 2030 in Latest Microsoft Deal

OpenAI Chief Financial Officer Sarah Friar has plenty of things to worry about. But paying OpenAI’s early backer Microsoft as much as $135B through 2030 as part of a revenue-sharing deal is no longer one of them. OpenAI’s initial agreement to pay 20% of its revenue to Microsoft could have amounted to that much if the ChatGPT maker ended up hitting its long-term revenue goals. But thanks to previously undisclosed terms of a new deal between the companies, OpenAI is on the hook for only a fraction of that amount.