financetom
Business
financetom
/
Business
/
OpenAI plans to slash revenue share to Microsoft, The Information reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
OpenAI plans to slash revenue share to Microsoft, The Information reports
May 26, 2025 2:27 AM

May 6 (Reuters) - OpenAI has told investors it will

share a smaller fraction of revenue with Microsoft ( MSFT ), The

Information reported on Tuesday.

The percentage would drop by at least half by the end of

this decade, the report said.

(Reporting by Harshita Meenaktshi in Bengaluru; Editing by

Mrigank Dhaniwala)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Instacart partners with Uber to offer food delivery services to customers in US
Instacart partners with Uber to offer food delivery services to customers in US
May 7, 2024
By Granth Vanaik May 7 (Reuters) - Instacart customers will now be able to use the grocery delivery platform's app to order from hundreds of thousands of Uber Eats restaurant partners across the U.S., as part of a partnership between the two companies, they said on Tuesday. Instacart, formally known as Maplebear ( CART ), has been investing to improve...
BRIEF-Global Food And Ingredients Announces Wind-Down Of Operations
BRIEF-Global Food And Ingredients Announces Wind-Down Of Operations
May 7, 2024
May 7 (Reuters) - Global Food and Ingredients Ltd ( PEASF ) : * GLOBAL FOOD AND INGREDIENTS LTD ( PEASF ) - ANNOUNCES WIND-DOWN OF OPERATIONS * GLOBAL FOOD AND INGREDIENTS LTD ( PEASF ) - WILL BE WORKING WITH ITS LENDERS TO SELL ITS ASSETS IN AN ORDERLY FASHION * GLOBAL FOOD AND INGREDIENTS LTD ( PEASF )...
Froot Loops maker WK Kellogg beats revenue estimates on higher prices
Froot Loops maker WK Kellogg beats revenue estimates on higher prices
May 7, 2024
(Reuters) - WK Kellogg Co ( KLG ) beat Wall Street estimates for quarterly sales on Tuesday, as higher product prices offset pressure from slowing demand for the Froot Loops maker's ready-to-eat breakfast items and snacks. Like other major brands in the packaged food market, the spun-off North American cereal business of Kellanova ( K ) has been ramping up...
Premier Fiscal Q3 Adjusted Earnings Flat, Revenue Rises
Premier Fiscal Q3 Adjusted Earnings Flat, Revenue Rises
May 7, 2024
09:19 AM EDT, 05/07/2024 (MT Newswires) -- Premier (PINC) reported fiscal Q3 adjusted earnings Tuesday of $0.55 per diluted share, unchanged from a year earlier. Analysts polled by Capital IQ expected $0.48. Revenue for the quarter ended March 31 was $342.7 million, up from $322.2 million a year earlier. Analysts surveyed by Capital IQ forecast $318.5 million. The healthcare company...
Copyright 2023-2026 - www.financetom.com All Rights Reserved