logo
logo

Microsoft Extends Multi-Billion Dollar AI Partnership With OpenAI Till 2030

Jan 22, 2025•6 months ago

Contract Type

partnership

RedmondSoftwareProfessional ServicesData And Analytics

Description

Microsoft has announced the extension and evolution of their strategic partnership with OpenAI, reinforcing their commitment to advancing artificial intelligence technology through 2030. The partnership encompasses several crucial elements, including Microsoft’s rights to OpenAI’s intellectual property and Azure platform exclusivity for OpenAI’s API.

Company Information

Company

Microsoft

Location

ONE MICROSOFT WAY

Redmond, Washington, United States

About

Microsoft (Nasdaq "MSFT" @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Related People