Microsoft is reportedly in deep negotiations for a long-term acquisition of OpenAI technology, with an agreement potentially reached within weeks

Microsoft is in deep negotiations with OpenAI to reach an agreement that would allow it to continuously access key OpenAI technologies.

On Tuesday, media reports citing two informed sources revealed that the two companies have discussed new terms that would allow Microsoft to use OpenAI's latest models and related technologies, even if OpenAI believes it has achieved its goal of developing more powerful artificial intelligence, known as "Artificial General Intelligence" (AGI).

Under the existing contract, reaching AGI is considered a critical milestone, at which point Microsoft would lose some rights to OpenAI technologies.

Negotiators meet regularly, and the agreement could be finalized in a few weeks. OpenAI CEO Sam Altman and Microsoft CEO Satya Nadella discussed the matter earlier this month at the Allen & Co. conference held in Sun Valley, Idaho.

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