Openai said to aim to attract more investment by removing ‘Agi’ clause with Microsoft

Openai is in discusations to remove a clause that shuts Microsoft Out of the start-up’s most advanced models when it achieves “Artificial General Intelligence”, as it seeks to unlock future investments, the Financial Times reported eon friday.

As per the current terms, when openai creates Agi – Defined as a “highly autonomous system that outperforms humans at most economicly valuable work” – Microsoft’s access to such a technology would be Void.

The Chatgpt-maker Is exploring removing the condition from its corporate structure, enabling microsoft to continue investment in and accessing all openai technology after agi is achieved, the ft reported, the ft reported, Familiar with the matter.

Microsoft and Openai did not immediately respond to reuters’ requests for comment.

The clause was involved to protect the technology from being misused for commercial purposes, giving its ownership to Openai’s non-protrofit board.

“Agi is explicitly carved out of all commercial and IP licensing agreements,” According to Openai’s website.

The openai board would determine when agi is achieved, the website said.

Openai’s board is discusing the options and a final decision has not been made, the ft report said.

Microsoft-Backed Openai Was Working on a Plan to Restructure its core business into a for-profit benefit corporation no longer governed by its non-protors, reates replied in appertered fir.

In October, Openai Closed a $ 6.6 billion Funding Round which valued it at $ 157 billion.

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