OpenAI与微软正谈判修改合作条款以推进未来IPO

澎湃新闻05-12

OpenAI和微软正在改写双方数十亿美元的合作协议条款，旨在让OpenAI未来进行IPO，同时保护微软获得尖端人工智能模型的机会。据报道，修改合作协议条款的高风险谈判是OpenAI采用营利性模式计划的关键。　　谈判的一个关键问题是，微软迄今已向OpenAI投资了130多亿美元作为交换，它将获得该公司新营利业务的多少股权。多名了解谈判情况的人士透露，两家公司还在修改一份更广泛的合同条款，该合同是微软...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2534219458?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2025-05-12 16:21","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2534219458","market":"hk","top_or_hot":-1,"title":"OpenAI与微软正谈判修改合作条款 以推进未来IPO","media":"澎湃新闻","content":"<div>\n<p>OpenAI和微软正在改写双方数十亿美元的合作协议条款，旨在让OpenAI未来进行IPO，同时保护微软获得尖端人工智能模型的机会。据报道，修改合作协议条款的高风险谈判是OpenAI采用营利性模式计划的关键。　　谈判的一个关键问题是，微软迄今已向OpenAI投资了130多亿美元作为交换，它将获得该公司新营利业务的多少股权。多名了解谈判情况的人士透露，两家公司还在修改一份更广泛的合同条款，该合同是微软...</p>\n\n<a href=\"http://finance.eastmoney.com/a/202505123402039119.html\">网页链接</a>\n\n</div>\n","source":"stock_eastmoney","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OpenAI与微软正谈判修改合作条款 以推进未来IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpenAI与微软正谈判修改合作条款 以推进未来IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-05-12 16:21 北京时间&nbsp;&nbsp;&nbsp;<a href=http://finance.eastmoney.com/a/202505123402039119.html><strong>澎湃新闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>OpenAI和微软正在改写双方数十亿美元的合作协议条款，旨在让OpenAI未来进行IPO，同时保护微软获得尖端人工智能模型的机会。据报道，修改合作协议条款的高风险谈判是OpenAI采用营利性模式计划的关键。　　谈判的一个关键问题是，微软迄今已向OpenAI投资了130多亿美元作为交换，它将获得该公司新营利业务的多少股权。多名了解谈判情况的人士透露，两家公司还在修改一份更广泛的合同条款，该合同是微软...</p>\n\n<a href=\"http://finance.eastmoney.com/a/202505123402039119.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0882574139.USD","symbol_name":"富达环球消费行业基金A ACC","start_time":0,"source_url":"http://finance.eastmoney.com/a/202505123402039119.html","article_id":"2534219458","we_media_id":null,"thumbnails":[],"rights":{"source":"stock_eastmoney","url":"http://finance.eastmoney.com/a/202505123402039119.html","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2534219458","pubTimestamp":1747038087,"columns":[],"sourceInfo":{"source_id":"stock_eastmoney","name":"东方财富"},"weMediaInfo":null,"summary":"OpenAI和微软正在改写双方数十亿美元的合作协议条款，旨在让OpenAI未来进行IPO，同时保护微软获得尖端人工智能模型的机会。据报道，修改合作协议条款的高风险谈判是OpenAI采用营利性模式计划的关键。谈判的一个关键问题是，微软迄今已向OpenAI投资了130多亿美元作为交换，它将获得该公司新营利业务的多少股权。","collect":0,"end_time":0,"defaultTopTitle":"eastmoney.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"LU0882574139.USD":"富达环球消费行业基金A ACC","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","BK4579":"人工智能","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU0784385170.HKD":"BGF GLOBAL MULTI ASSET INCOME \"A6\" (HKDHGD) INC","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","LU2720916845.USD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (USD) ACC","LU2168563687.JPY":"AZ ALLOCATION - TREND \"AAZ\" (JPYHDG) ACC","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0109392836.USD":"富兰克林科技股A","LU2506951875.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) ACC","LU1564329032.USD":"BGF DYNAMIC HIGH INCOME \"A2\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","LU2506951958.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) INC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","MSFT":"微软","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1732799900.SGD":"JPMorgan Investment Funds - Global Income A (irc) SGD-H","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","LU0788109477.HKD":"BGF GLOBAL ALLOCATION \"A2\" (HKDHGD) ACC","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU1582986359.USD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (USDHDG) ACC","LU2506952170.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) INC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU2275660780.HKD":"SCHRODER ISF GLOBAL CLIMATE CHANGE EQUITY \"A\" (HKD) ACC","LU1003077747.HKD":"BGF GLOBAL EQUITY INCOME \"A6\" (HKDHDG) INC","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU2413666426.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"C\" (HKD) ACC","LU0823417653.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) ACC","LU1181866309.USD":"摩根大通环球策略总报酬基金A (acc)","LU1564329461.SGD":"Blackrock Dynamic High Income A6 SGD-H","LU0757359368.USD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (USD)  ACC","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (USD) ACC","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","LU1582987324.SGD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (SGDHDG) ACC","LU2491050154.USD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (USD) ACC","LU1934455863.HKD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (HKD) ACC","LU0079474960.USD":"联博美国增长基金A"},"translate_title":"OpenAI and Microsoft are negotiating to revise partnership terms to advance future IPOs","themeId":"05b230cedf6312a1c7e0f7c09a3f7389","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSFT":1},"content_text":"OpenAI和微软正在改写双方数十亿美元的合作协议条款，旨在让OpenAI未来进行IPO，同时保护微软获得尖端人工智能模型的机会。据报道，修改合作协议条款的高风险谈判是OpenAI采用营利性模式计划的关键。　　谈判的一个关键问题是，微软迄今已向OpenAI投资了130多亿美元作为交换，它将获得该公司新营利业务的多少股权。多名了解谈判情况的人士透露，两家公司还在修改一份更广泛的合同条款，该合同是微软在2019年首次向OpenAI投资10亿美元时起草的。该合同目前有效期至2030年，内容包括微软对OpenAI模型和产品等知识产权的使用权以及产品销售的收入分成。三位直接了解谈判情况的人士表示，微软提出放弃其在OpenAI新营利业务中的部分股权，以换取在2030年之后开发的新技术。微软和OpenAI对此不予置评。　　多名直接了解OpenAI和微软关系的人士表示，两家公司之间的关系降温，使谈判变得复杂。微软将OpenAI的技术嵌入到其软件产品中，同时为OpenAI训练人工智能模型提供算力。但OpenAI的野心加剧了其与最大支持者之间的竞争。OpenAI以人工智能产品瞄准企业客户，同时寻求软银、甲骨文等企业建立计算基础设施“星际之门”项目。　　据了解，这笔交易对OpenAI的重组努力至关重要，可能决定这家公司的未来。　　OpenAI是由山姆·奥特曼、马斯克和其他9人于2015年创立的一家非营利性研究实验室。2019年，OpenAI成立了一家营利性子公司，外部团体可以投资该子公司，以换取未来部分利润。根据OpenAI去年12月公布的转制方案，将剥离其营利性子公司成立所谓“公益公司”，非营利性母公司将成为新公司大股东，但会让渡控制权。“公益公司”既具备营利性，又负有特定“社会公益”使命。　　5月初，OpenAI表示，董事会集体同意由母公司保留控制权，同时希望找到业务增长新方式。据新华社报道，OpenAI现有股东将可持有新的“公益公司”股份，对一些投资者设置的利润回报上限也将取消。OpenAI将与主要投资方微软公司以及监管机构等方面一同完成新转制方案，共同决定有关各方可获得营利性部门多少股权。（文章来源：澎湃新闻）","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.35.5","shortVersion":"4.35.5","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2534219458","isCrawlerRequest":true}

OpenAI与微软正谈判修改合作条款 以推进未来IPO

精彩评论

OpenAI与微软正谈判修改合作条款以推进未来IPO