OpenAI Seeks Profit Waiver From Microsoft (MSFT) Amid Restructuring Push

OpenAI Seeks Profit Waiver From Microsoft (MSFT) Amid Restructuring Push
OpenAI is seeking a 33% stake in a newly structured entity from Microsoft in exchange for giving up future profits. It wants to exempt its acquisition of Windsurf from Microsoft's IP access agreements. There are tensions as OpenAI seeks approval to convert into a public-benefit corporation.