<ul><li>OpenAI and Microsoft have reportedly hired investment banks, Goldman Sachs and Morgan Stanley respectively, to renegotiate the terms of their partnership.</li><li>The negotiations focus on the size of Microsoft's stake in OpenAI and the governance rights it will receive.</li><li>OpenAI plans to reincorporate its for-profit arm as a benefit corporation and remove caps on investors' returns.</li><li>The negotiations may cover other topics, including cloud infrastructure purchases and reducing costs to move towards profitability.</li></ul>

OpenAI, Microsoft reportedly hire banks to renegotiate partnership terms

Discover more