Microsoft (MSFT) and OpenAI Cut Revenue Sharing
OpenAI has reportedly told investors that it plans to cut the revenue it shares with Microsoft by at least half by 2030. Microsoft currently receives around 20% of OpenAI’s revenue under the terms of their deal. But come the end of the decade, that could be cut to just 10%, putting their partnership in jeopardy. Microsoft provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. The company has ramped up its efforts in AI and cloud computing over the last few years, making it a premier tech stock investment choice. Analysts have suggested that it could be one of the best-performing magnificent-seven stocks, with the potential to surge in value to a new ATH. However, this new development with OpenAI could put a dent in things. Microsoft’s support for OpenAI has been nothing short of massive. Since 2019, the tech giant has poured $13.75 billion into the AI startup, including a landmark $10 billion investment announced in early...