OpenAI plans to cut the percentage of revenue it shares with Microsoft (NASDAQ:MSFT) as part of its evolving business strategy, according to a report by The Information. The ChatGPT creator has scaled back a

In January, Microsoft changed some key terms of a deal with OpenAI after its joint venture with Oracle (NYSE: ORCL) and Japan’s SoftBank (TYO: 9984) Group to build up to $500 billion of new artificial intelligence data centers in the United States.

After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company, but its restructuring plans still have not received the blessing of a major stakeholder: Microsoft Corp.