03:37 PM EDT, 05/07/2025 (MT Newswires) -- Microsoft ( MSFT )-backed (MSFT) OpenAI, which is proceeding with a corporate restructuring that requires Microsoft's ( MSFT ) approval, is looking to cut the share of revenue it gives to the tech giant as part of the desired plan, The Information reported late Tuesday, citing people with knowledge of the matter.

OpenAI's current deal reportedly requires it to share 20% of its revenue with Microsoft ( MSFT ) until 2030, when it expects to generate revenue of $174 billion. The AI company now wants to cut that to 10% by 2030, although it may rise to 28% in the next few years, the report said.

Some OpenAI leaders want Microsoft ( MSFT ) to let future OpenAI products bypass the current revenue-sharing agreement, according to the report.

The two companies are still discussing how much ownership Microsoft ( MSFT ) will have in OpenAI's for-profit division, as Microsoft ( MSFT ) also wants long-term rights to use OpenAI's technology as part of the deal, the report said.

Talks are ongoing about how OpenAI will continue using Microsoft's ( MSFT ) Azure cloud services as part of the deal, one of the people said.

Microsoft ( MSFT ) and OpenAI did not immediately respond to requests for a comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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