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OpenAI aims to attract more investment by removing 'AGI' clause with Microsoft, FT reports
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OpenAI aims to attract more investment by removing 'AGI' clause with Microsoft, FT reports
Dec 6, 2024 5:42 AM

Dec 6 (Reuters) - OpenAI is in discussions to remove a

clause that shuts Microsoft ( MSFT ) out of the start-up's most

advanced models when it achieves "artificial general

intelligence", as it seeks to unlock future investments, the

Financial Times reported on Friday.

As per the current terms, when OpenAI creates AGI - defined

as a "highly autonomous system that outperforms humans at most

economically valuable work" - Microsoft's ( MSFT ) access to such a

technology would be void.

The ChatGPT-maker is exploring removing the condition from

its corporate structure, enabling Microsoft ( MSFT ) to continue

investing in and accessing all OpenAI technology after AGI is

achieved, the FT reported, citing people familiar with the

matter.

Microsoft ( MSFT ) and OpenAI did not immediately respond to Reuters'

requests for comment.

The clause was included to protect the technology from being

misused for commercial purposes, giving its ownership to

OpenAI's non-profit board.

"AGI is explicitly carved out of all commercial and IP

licensing agreements," according to OpenAI's website.

The OpenAI board would determine when AGI is achieved,

the website said.

OpenAI's board is discussing the options and a final

decision has not been made, the FT report said.

Microsoft ( MSFT )-backed OpenAI was working on a plan to

restructure its core business into a for-profit benefit

corporation no longer governed by its non-profit board,

Reuters reported first in September.

In October, OpenAI closed a $6.6 billion funding round which

valued it at $157 billion.

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