Sources: OpenAI is negotiating with Microsoft to enable a future IPO; Microsoft offers to cut its equity stake for continued access to OpenAI tech beyond 2030 (Financial Times)

Financial Times:
Sources: OpenAI is negotiating with Microsoft to enable a future IPO; Microsoft offers to cut its equity stake for continued access to OpenAI tech beyond 2030  —  High-stakes talks to revise terms of multibillion-dollar partnership are key to plans to adopt for-profit model