The companies also are rewriting the terms of a wider contract that was drafted when Microsoft and OpenAI first unveiled an exclusive partnership in 2019, the Financial Times repo

OpenAI's plans to go public hinge on renegotiating its multibillion-dollar partnership with Microsoft, which seeks equity adjustments and long-term tech access in return for its $13B investment.

OpenAI has been engaged in fruitful discussion with Microsoft to renegotiate their existing deal.According to Financial Times report, the aim for the negotiations is to make the tech-firm profitable and prepare it for a potential Initial