IBL News | New York
An undisclosed internal agreement signed in 2023 between Microsoft and OpenAI defines what is achieving AGI. It’s based on OpenAI generating $100 billion in profits as a company. By this financial definition, OpenAI is many years away from reaching it.
It means that Microsoft won’t lose access to OpenAI’s technology soon. This disengagement between the two companies will only occur when OpenAI achieves AGI, per their agreement. It could be a decade or more.
A report from The Information disclosed these terms established in an agreement signed last year.
OpenAI is reportedly set to lose billions of dollars in 2024. Moreover, the San Francisco-based startup told investors it won’t turn a profit until 2029.
Experts have speculated that OpenAI would declare AGI to box out Microsoft sooner than later.
