Edutimes Africa Job Portal Edutimes Africa Job Portal Edutimes Africa Job Portal
  • About
  • Contact
  • Staff Login
  • Dashboard
Wednesday, October 29, 2025
EduTimes Africa
  • Home
  • Africa
    • All
    • East Africa
    • Southern Africa
    • West Africa
    Malian Government Shuts Schools Amid Fuel Crisis

    Malian Government Shuts Schools Amid Fuel Crisis

    South Africa: KwaZulu-Natal Special Schools Remain Closed Despite Payment of Subsidies

    South Africa: KwaZulu-Natal Special Schools Remain Closed Despite Payment of Subsidies

    Liberia: Rep. Marie Johnson Proposes Student Loan Bill to Expand Access to Higher Education

    Liberia: Rep. Marie Johnson Proposes Student Loan Bill to Expand Access to Higher Education

    Nigeria’s FG Vows to End ASUU Strikes Permanently — Minister of Education

    Nigeria’s FG Vows to End ASUU Strikes Permanently — Minister of Education

    Nigeria: Varsity Don Advocates Transforming ‘Yahoo Boys’ into Cybersecurity Experts

    Nigeria: Varsity Don Advocates Transforming ‘Yahoo Boys’ into Cybersecurity Experts

    Paul Biya: 10 Interesting Facts About Africa’s Oldest President

    Paul Biya: 10 Interesting Facts About Africa’s Oldest President

  • Global
    • All
    • America
    • Europe
    Japa! Two sides of the coin

    Japa! Two sides of the coin

    Life of the Nigerian Student in the UK

    Life of the Nigerian Student in the UK

    EduTimes Africa Partners

    Education in five  European countries  ||  The school systems of Poland, Great Britain,  Germany, France, and Spain

    Education in five European countries || The school systems of Poland, Great Britain, Germany, France, and Spain

    Let’s teach kids skills for life

    Let’s teach kids skills for life

    Will new AI signal the ‘death’ of the essay?

    Will new AI signal the ‘death’ of the essay?

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Innovation
    • All
    • EduTech
    • Future of Work
    • STEM
    Nigeria to Equip 20 Million Youths with Digital Skills by 2030

    Top 5 AI Tools I Use to Turn Ideas into Engaging Videos

    FG Unveils Ambitious TVET Scheme to Equip Youths with Industry Skills

    FG Unveils Ambitious TVET Scheme to Equip Youths with Industry Skills

    Apply: National PayExpo Innovation Challenge 2025

    Apply: National PayExpo Innovation Challenge 2025

    Sterling Bank Launches Nationwide School Connect Tour to Empower Nigerian Educators

    Sterling Bank Launches Nationwide School Connect Tour to Empower Nigerian Educators

    Thriving in student recruitment and empowerment: The role of tangible industry products in Higher Education

    Thriving in student recruitment and empowerment: The role of tangible industry products in Higher Education

    Maximising the Power of EdTech in Africa: Transforming Education Through Technology

    Maximising the Power of EdTech in Africa: Transforming Education Through Technology

  • Policy
    • All
    • Early Years Education
    • Education and Economy
    • Education Development
    • Inclusive Education
    • Political Education
    REPROGRAM YOUR THINKING FOR MODERN SUCCESS

    REPROGRAM YOUR THINKING FOR MODERN SUCCESS

    Rwanda based Nigerian Scholars Recognised Among World’s Top 2% Scientists in 2025 Stanford–Elsevier Global Ranking

    Rwanda based Nigerian Scholars Recognised Among World’s Top 2% Scientists in 2025 Stanford–Elsevier Global Ranking

    Photo Gallery of World’s largest gathering of teachers held in Lagos Today

    Photo Gallery of World’s largest gathering of teachers held in Lagos Today

    Giant Stars Academy: Building Achievers for a Greater Tomorrow

    Giant Stars Academy: Building Achievers for a Greater Tomorrow

    Africa, Embrace Affordable Education, Your Greatest Weapon

    Africa, Embrace Affordable Education, Your Greatest Weapon

    School Assessment

    School Assessment

    Has Kenya’s Higher Education Become a For-the-Rich Luxury?

    Has Kenya’s Higher Education Become a For-the-Rich Luxury?

    Opeifa Launches New Book Lead Like a Player, Inspired by a Scrabble Game

    Opeifa Launches New Book Lead Like a Player, Inspired by a Scrabble Game

    Sustainable Learning

    Sustainable Learning: Africa’s Democratic Path To Educational Reform

  • Inspiration
    • All
    • Career
    • Entrepreneurship
    • How Education Made Me
    • Prodigy
    19-Year-Old Graduates with First Class in Computer Science from FUNAAB, Credits Faith and Focus for Success

    19-Year-Old Graduates with First Class in Computer Science from FUNAAB, Credits Faith and Focus for Success

    The Story of Rufai Oseni

    The Story of Rufai Oseni

    LASU ALUMNUS, VICTORY ASHAKA, WINS 2025 LORD’S ACHIEVERS AWARD FOR ICON OF IMPACT IN LITERATURE

    LASU ALUMNUS, VICTORY ASHAKA, WINS 2025 LORD’S ACHIEVERS AWARD FOR ICON OF IMPACT IN LITERATURE

    Ooreoluwa Bamiduro secures fully funded Chevening Scholarship

    Ooreoluwa Bamiduro secures fully funded Chevening Scholarship

    Training:  How I Landed a U.S Job and How You Can Too

    Training: How I Landed a U.S Job and How You Can Too

    From Startup to Success Story: Scaling Your Business for the Long Haul

    Lucrative Entrepreneurial Ventures for African Educators

  • Personal Development
    • All
    • Career Counseling
    • Education Insurance
    • Financial Literacy
    • Health Line
    • Professional Development
    Online Teaching: How Teachers Can Get Started

    Online Teaching: How Teachers Can Get Started

    Common Money Traps Young Africans Fall Into and How to Escape Them

    Common Money Traps Young Africans Fall Into and How to Escape Them

    Grammar Alert II: Lack Behind or Lag Behind? – COMMON ERRORS IN ENGLISH WITH SAMUEL ALIMI

    Grammar Alert II: Lack Behind or Lag Behind? – COMMON ERRORS IN ENGLISH WITH SAMUEL ALIMI

    Great Ways to Combat Daily Stress of this Modern Age (Especially for Lagos Based Professional Women) – Wellness Tips for Women

    Great Ways to Combat Daily Stress of this Modern Age (Especially for Lagos Based Professional Women) – Wellness Tips for Women

    Best Degree Courses For an Aspiring Property Developer

    Best Degree Courses For an Aspiring Property Developer

    Borrow and Lend

    Why You Misuse ‘Borrow’ and ‘Lend’ (And How to Fix It)

    7 red flag behaviors that indicate your child needs immediate attention (Part 2)

    7 red flag behaviors that indicate your child needs immediate attention (Part 2)

    7 reasons why undergraduates and fresh graduates need career counselling

    7 reasons why undergraduates and fresh graduates need career counselling

    How to Build a Portfolio That Attracts International Clients

    How to Build a Portfolio That Attracts International Clients

  • Sports
    SPORTS: Morocco Defeats Argentina 2–0 to Win U-20 World Cup

    SPORTS: Morocco Defeats Argentina 2–0 to Win U-20 World Cup

    Osimhen Hat-trick Lifts Nigeria to Playoffs as South Africa Clinch 2026 World Cup Spot

    Osimhen Hat-trick Lifts Nigeria to Playoffs as South Africa Clinch 2026 World Cup Spot

    From Rugby Pitch to Health Innovation: Dr. Tom Cracknell Returns to Nigeria with Life-Changing App

    Heavyweight boxer Itauma Returns to Nigeria, Describes Homecoming as Emotional

    Heavyweight boxer Itauma Returns to Nigeria, Describes Homecoming as Emotional

    10 Facts About Ousmane Dembélé

    10 Facts About Ousmane Dembélé

    18 years old Yamal makes history with back-to-back Kopa Trophy wins

    18 years old Yamal makes history with back-to-back Kopa Trophy wins

    PSG Dembele Wins 2025 Ballon d’Or, Beats Yamal to Prestigious Honour

    PSG Dembele Wins 2025 Ballon d’Or, Beats Yamal to Prestigious Honour

    Thrilling Rugby Action Ignites Day One Of National Youth Games In Asaba

    Thrilling Rugby Action Ignites Day One Of National Youth Games In Asaba

    BREAKING NEWS: D’Tigress Win Historic Fifth Consecutive Women’s Afrobasket Title

    BREAKING NEWS: D’Tigress Win Historic Fifth Consecutive Women’s Afrobasket Title

  • Scholarships
    • All
    • African Scholarships
    • Challenge
    • Competition
    • Contest
    • Global Scholarships
    • Grant
    • Internships
    • Program
    • Trainee /Fellowship Programmes

    Apply: Funza Lushaka Bursary Programme 2026 for Young South Africans

    Apply: The Archivi.ng Fellowship 2026 for Nigerian Storytellers, Researchers, and Technologists (₦1 Million Monthly Stipend)

    Apply: ANSO-CAS-TWAS/UNESCO PhD Scholarship 2026 for Students/Scholars from Developing Countries (Fully Funded to Study in China)

    The City of Johannesburg (CoJ) Bursary Programme 2026 for Young South Africans (R40,000.00 per Academic Year)

    The City of Johannesburg (CoJ) Bursary Programme 2026 for Young South Africans (R40,000.00 per Academic Year)

    Fully Funded Study Opportunity in Sweden for Women in STEM!

    Fully Funded Study Opportunity in Sweden for Women in STEM!

    RMIT University Fully Funded PhD Scholarship in Medical Science (2025–2026)

    RMIT University Fully Funded PhD Scholarship in Medical Science (2025–2026)

    Apply: Western Sydney University International Undergraduate Scholarships 2025

    Apply: Western Sydney University International Undergraduate Scholarships 2025

    Nigeria Jubilee Fellows Programme (NJFP) 2025 | ₦150,000 Monthly Stipend

    Nigeria Jubilee Fellows Programme (NJFP) 2025 | ₦150,000 Monthly Stipend

    2025 NITDA Cybersecurity Training Programme for Nigerians | How To Apply

    2025 NITDA Cybersecurity Training Programme for Nigerians | How To Apply

  • Gallery
  • Creatives Trailblazers
  • News Room
  • Job Portal
No Result
View All Result
  • Home
  • Africa
    • All
    • East Africa
    • Southern Africa
    • West Africa
    Malian Government Shuts Schools Amid Fuel Crisis

    Malian Government Shuts Schools Amid Fuel Crisis

    South Africa: KwaZulu-Natal Special Schools Remain Closed Despite Payment of Subsidies

    South Africa: KwaZulu-Natal Special Schools Remain Closed Despite Payment of Subsidies

    Liberia: Rep. Marie Johnson Proposes Student Loan Bill to Expand Access to Higher Education

    Liberia: Rep. Marie Johnson Proposes Student Loan Bill to Expand Access to Higher Education

    Nigeria’s FG Vows to End ASUU Strikes Permanently — Minister of Education

    Nigeria’s FG Vows to End ASUU Strikes Permanently — Minister of Education

    Nigeria: Varsity Don Advocates Transforming ‘Yahoo Boys’ into Cybersecurity Experts

    Nigeria: Varsity Don Advocates Transforming ‘Yahoo Boys’ into Cybersecurity Experts

    Paul Biya: 10 Interesting Facts About Africa’s Oldest President

    Paul Biya: 10 Interesting Facts About Africa’s Oldest President

  • Global
    • All
    • America
    • Europe
    Japa! Two sides of the coin

    Japa! Two sides of the coin

    Life of the Nigerian Student in the UK

    Life of the Nigerian Student in the UK

    EduTimes Africa Partners

    Education in five  European countries  ||  The school systems of Poland, Great Britain,  Germany, France, and Spain

    Education in five European countries || The school systems of Poland, Great Britain, Germany, France, and Spain

    Let’s teach kids skills for life

    Let’s teach kids skills for life

    Will new AI signal the ‘death’ of the essay?

    Will new AI signal the ‘death’ of the essay?

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Innovation
    • All
    • EduTech
    • Future of Work
    • STEM
    Nigeria to Equip 20 Million Youths with Digital Skills by 2030

    Top 5 AI Tools I Use to Turn Ideas into Engaging Videos

    FG Unveils Ambitious TVET Scheme to Equip Youths with Industry Skills

    FG Unveils Ambitious TVET Scheme to Equip Youths with Industry Skills

    Apply: National PayExpo Innovation Challenge 2025

    Apply: National PayExpo Innovation Challenge 2025

    Sterling Bank Launches Nationwide School Connect Tour to Empower Nigerian Educators

    Sterling Bank Launches Nationwide School Connect Tour to Empower Nigerian Educators

    Thriving in student recruitment and empowerment: The role of tangible industry products in Higher Education

    Thriving in student recruitment and empowerment: The role of tangible industry products in Higher Education

    Maximising the Power of EdTech in Africa: Transforming Education Through Technology

    Maximising the Power of EdTech in Africa: Transforming Education Through Technology

  • Policy
    • All
    • Early Years Education
    • Education and Economy
    • Education Development
    • Inclusive Education
    • Political Education
    REPROGRAM YOUR THINKING FOR MODERN SUCCESS

    REPROGRAM YOUR THINKING FOR MODERN SUCCESS

    Rwanda based Nigerian Scholars Recognised Among World’s Top 2% Scientists in 2025 Stanford–Elsevier Global Ranking

    Rwanda based Nigerian Scholars Recognised Among World’s Top 2% Scientists in 2025 Stanford–Elsevier Global Ranking

    Photo Gallery of World’s largest gathering of teachers held in Lagos Today

    Photo Gallery of World’s largest gathering of teachers held in Lagos Today

    Giant Stars Academy: Building Achievers for a Greater Tomorrow

    Giant Stars Academy: Building Achievers for a Greater Tomorrow

    Africa, Embrace Affordable Education, Your Greatest Weapon

    Africa, Embrace Affordable Education, Your Greatest Weapon

    School Assessment

    School Assessment

    Has Kenya’s Higher Education Become a For-the-Rich Luxury?

    Has Kenya’s Higher Education Become a For-the-Rich Luxury?

    Opeifa Launches New Book Lead Like a Player, Inspired by a Scrabble Game

    Opeifa Launches New Book Lead Like a Player, Inspired by a Scrabble Game

    Sustainable Learning

    Sustainable Learning: Africa’s Democratic Path To Educational Reform

  • Inspiration
    • All
    • Career
    • Entrepreneurship
    • How Education Made Me
    • Prodigy
    19-Year-Old Graduates with First Class in Computer Science from FUNAAB, Credits Faith and Focus for Success

    19-Year-Old Graduates with First Class in Computer Science from FUNAAB, Credits Faith and Focus for Success

    The Story of Rufai Oseni

    The Story of Rufai Oseni

    LASU ALUMNUS, VICTORY ASHAKA, WINS 2025 LORD’S ACHIEVERS AWARD FOR ICON OF IMPACT IN LITERATURE

    LASU ALUMNUS, VICTORY ASHAKA, WINS 2025 LORD’S ACHIEVERS AWARD FOR ICON OF IMPACT IN LITERATURE

    Ooreoluwa Bamiduro secures fully funded Chevening Scholarship

    Ooreoluwa Bamiduro secures fully funded Chevening Scholarship

    Training:  How I Landed a U.S Job and How You Can Too

    Training: How I Landed a U.S Job and How You Can Too

    From Startup to Success Story: Scaling Your Business for the Long Haul

    Lucrative Entrepreneurial Ventures for African Educators

  • Personal Development
    • All
    • Career Counseling
    • Education Insurance
    • Financial Literacy
    • Health Line
    • Professional Development
    Online Teaching: How Teachers Can Get Started

    Online Teaching: How Teachers Can Get Started

    Common Money Traps Young Africans Fall Into and How to Escape Them

    Common Money Traps Young Africans Fall Into and How to Escape Them

    Grammar Alert II: Lack Behind or Lag Behind? – COMMON ERRORS IN ENGLISH WITH SAMUEL ALIMI

    Grammar Alert II: Lack Behind or Lag Behind? – COMMON ERRORS IN ENGLISH WITH SAMUEL ALIMI

    Great Ways to Combat Daily Stress of this Modern Age (Especially for Lagos Based Professional Women) – Wellness Tips for Women

    Great Ways to Combat Daily Stress of this Modern Age (Especially for Lagos Based Professional Women) – Wellness Tips for Women

    Best Degree Courses For an Aspiring Property Developer

    Best Degree Courses For an Aspiring Property Developer

    Borrow and Lend

    Why You Misuse ‘Borrow’ and ‘Lend’ (And How to Fix It)

    7 red flag behaviors that indicate your child needs immediate attention (Part 2)

    7 red flag behaviors that indicate your child needs immediate attention (Part 2)

    7 reasons why undergraduates and fresh graduates need career counselling

    7 reasons why undergraduates and fresh graduates need career counselling

    How to Build a Portfolio That Attracts International Clients

    How to Build a Portfolio That Attracts International Clients

  • Sports
    SPORTS: Morocco Defeats Argentina 2–0 to Win U-20 World Cup

    SPORTS: Morocco Defeats Argentina 2–0 to Win U-20 World Cup

    Osimhen Hat-trick Lifts Nigeria to Playoffs as South Africa Clinch 2026 World Cup Spot

    Osimhen Hat-trick Lifts Nigeria to Playoffs as South Africa Clinch 2026 World Cup Spot

    From Rugby Pitch to Health Innovation: Dr. Tom Cracknell Returns to Nigeria with Life-Changing App

    Heavyweight boxer Itauma Returns to Nigeria, Describes Homecoming as Emotional

    Heavyweight boxer Itauma Returns to Nigeria, Describes Homecoming as Emotional

    10 Facts About Ousmane Dembélé

    10 Facts About Ousmane Dembélé

    18 years old Yamal makes history with back-to-back Kopa Trophy wins

    18 years old Yamal makes history with back-to-back Kopa Trophy wins

    PSG Dembele Wins 2025 Ballon d’Or, Beats Yamal to Prestigious Honour

    PSG Dembele Wins 2025 Ballon d’Or, Beats Yamal to Prestigious Honour

    Thrilling Rugby Action Ignites Day One Of National Youth Games In Asaba

    Thrilling Rugby Action Ignites Day One Of National Youth Games In Asaba

    BREAKING NEWS: D’Tigress Win Historic Fifth Consecutive Women’s Afrobasket Title

    BREAKING NEWS: D’Tigress Win Historic Fifth Consecutive Women’s Afrobasket Title

  • Scholarships
    • All
    • African Scholarships
    • Challenge
    • Competition
    • Contest
    • Global Scholarships
    • Grant
    • Internships
    • Program
    • Trainee /Fellowship Programmes

    Apply: Funza Lushaka Bursary Programme 2026 for Young South Africans

    Apply: The Archivi.ng Fellowship 2026 for Nigerian Storytellers, Researchers, and Technologists (₦1 Million Monthly Stipend)

    Apply: ANSO-CAS-TWAS/UNESCO PhD Scholarship 2026 for Students/Scholars from Developing Countries (Fully Funded to Study in China)

    The City of Johannesburg (CoJ) Bursary Programme 2026 for Young South Africans (R40,000.00 per Academic Year)

    The City of Johannesburg (CoJ) Bursary Programme 2026 for Young South Africans (R40,000.00 per Academic Year)

    Fully Funded Study Opportunity in Sweden for Women in STEM!

    Fully Funded Study Opportunity in Sweden for Women in STEM!

    RMIT University Fully Funded PhD Scholarship in Medical Science (2025–2026)

    RMIT University Fully Funded PhD Scholarship in Medical Science (2025–2026)

    Apply: Western Sydney University International Undergraduate Scholarships 2025

    Apply: Western Sydney University International Undergraduate Scholarships 2025

    Nigeria Jubilee Fellows Programme (NJFP) 2025 | ₦150,000 Monthly Stipend

    Nigeria Jubilee Fellows Programme (NJFP) 2025 | ₦150,000 Monthly Stipend

    2025 NITDA Cybersecurity Training Programme for Nigerians | How To Apply

    2025 NITDA Cybersecurity Training Programme for Nigerians | How To Apply

  • Gallery
  • Creatives Trailblazers
  • News Room
  • Job Portal
No Result
View All Result
EduTimes Africa
Login
Edutimes Africa Job Portal Edutimes Africa Job Portal Edutimes Africa Job Portal
Home FinTech

Microsoft prepared to walk away from high-stakes OpenAI talks

FROM www.ft.com

EduTimes Africa by EduTimes Africa
July 10, 2025
in FinTech
0 0
0
Mastercard teams up with enza to support fintech advancement in Africa

ChatGPT maker’s plans to convert into a for-profit leads software giant to make contingency plans

Cristina Criddle in Amsterdam and Tabby Kinder, Rafe Uddin and George Hammond in San Francisco

Nigerian Students; Say No To Drugs!! Nigerian Students; Say No To Drugs!! Nigerian Students; Say No To Drugs!!

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/072e90fe-1c8c-415c-8024-5996b1ebb3cb

Microsoft is prepared to walk away from high-stakes negotiations with OpenAI over the future of its multibillion-dollar alliance, as the ChatGPT maker seeks to convert into a for-profit company.

GrannyMurray School GrannyMurray School GrannyMurray School

The software giant has considered halting complex discussions with the $300bn artificial intelligence start-up if the two sides remain unable to agree on critical issues, such as the size of Microsoft’s future stake in OpenAI, said people with knowledge of its plans.

In this eventuality, Microsoft would rely on its existing commercial contract to retain access to OpenAI’s technology until 2030, unless there was an offer that was equal to or better than its current arrangements, these people said.

These people stressed, however, that Microsoft was operating in “good faith” and both parties were meeting daily to try to put a plan on the table and were hopeful a deal could be reached.

“We have a long-term, productive partnership that has delivered amazing AI tools for everyone,” Microsoft and OpenAI said in a joint statement. “Talks are ongoing and we are optimistic we will continue to build together for years to come.”

OpenAI needs a deal with Microsoft to complete a move away from its non-profit origins into a more conventional corporate structure, which it believes will unlock funding and launch an initial public offering.

Microsoft must approve the switch by the end of the year or OpenAI risks losing billions of funding from other investors, including SoftBank.

In discussions over the past year, the two sides have battled over how much equity in the restructured group Microsoft should receive in exchange for the more than $13bn it has invested in OpenAI to date. Discussions over the stake have ranged from 20 per cent to 49 per cent.

The pair are also revising the terms of its wider contract, first drafted when Microsoft invested $1bn into OpenAI in 2019.

Under its current arrangement, Microsoft has exclusive rights to sell access to OpenAI’s models and receives a 20 per cent share of revenues up to $92bn.

Microsoft is reluctant to give ground on its continued access to OpenAI’s technology or its share of the group’s revenues, according to multiple people close to the discussions.

The Wall Street Journal this week reported OpenAI had considered a “nuclear option” of accusing Microsoft of anti-competitive behaviour over its partnership.

“Holding out is Microsoft’s nuclear option . . . and they are just making OpenAI sweat,” said one person close to the AI start-up, who also argued access to the ChatGPT maker’s IP was necessary for Microsoft to maintain its position in the race to commercialise AI against rivals such as Google and Meta.

One person close to Microsoft said the “status quo” was acceptable for the Big Tech company and that it was “happy with the current contract” and prepared to “run it through” until 2030.

“The market cares about how much revenue Microsoft is making . . . not about how much equity it owns in OpenAI, [and] this deal moves revenue away from Microsoft,” said another person who has discussed the negotiations with the software giant’s executives.

“The question is, what does Microsoft get in return for giving up the right to that revenue?”

Microsoft has begun diversifying away from OpenAI models in recent months, as part of chief executive Satya Nadella’s belief that leading models will become “commoditised” — or have less value than being able to sell AI-enabled applications and digital assistants built on top of them.

In May, the software giant made Elon Musk’s xAI model Grok available to its cloud computing customers.

“OpenAI is not necessarily the frontrunner anymore,” said one person close to Microsoft, remarking on the competition between rival AI model makers.

Several other elements of the current contract are also up for negotiation, including Microsoft’s exclusive rights to sell OpenAI’s software through its Azure cloud computing service; its right of first refusal to provide computing infrastructure to OpenAI; and the software giant’s access to the AI group’s intellectual property before it reaches “artificial general intelligence”.

The latter clause refers to a point where OpenAI creates a “highly autonomous system that outperforms humans at most economically valuable work” and is likely to be dropped, as the Financial Times previously reported.

OpenAI’s chief executive Sam Altman and its chief financial officer Sarah Friar have also said the company is struggling to access the computing power needed to run ChatGPT, which has raced to 500mn weekly active users worldwide, while also training new models and launching products.

Two former Microsoft executives involved in managing OpenAI’s compute requirements said the relationship between the groups had frayed significantly over the issue, particularly around Altman’s demands for faster access to more infrastructure.

Even if the issues are resolved, the transaction will have to be approved by attorneys-general in Delaware and California. The conversion is also subject to a legal challenge from Musk, which has been supported by former OpenAI employees.

For OpenAI, getting an agreement with Microsoft is crucial. Investors in the AI group’s past two financing rounds have agreed to provisions that require the company to successfully convert into a for-profit entity or their equity investment becomes debt.

Should this process be delayed or abandoned, investors have the option to claim some of their investment back. SoftBank, which led the most recent round, could cut its $30bn investment by $10bn if the conversion is not completed by the end of the year. People close to OpenAI are confident that investors would retain their commitments, even if the transaction was delayed.

A Silicon Valley veteran close to Microsoft said the software giant “knows that this is not their problem to figure this out, technically, it’s OpenAI’s problem to have the negotiation at all”.

Previous Post

Mastercard teams up with enza to support fintech advancement in Africa

Next Post

ALTON: Migration of banks to USSD end-user billing system underway

EduTimes Africa

EduTimes Africa

Related Posts

Premier Credit Uganda secures $1.5m to boost financial inclusion
FinTech

Premier Credit Uganda secures $1.5m to boost financial inclusion

October 19, 2025
Moniepoint Names Among UK’s Top Fintech Companies 2025 by CNBC
FinTech

Moniepoint Names Among UK’s Top Fintech Companies 2025 by CNBC

October 19, 2025
Zenith Bank’s Gross Earnings Hit N2.5 Trillion In H1 2025, Declares N1.25 Interim Dividend
FinTech

Zenith Bank’s Gross Earnings Hit N2.5 Trillion In H1 2025, Declares N1.25 Interim Dividend

October 19, 2025
Africa’s first underground tunnel project to begin in Lagos soon – SGOF
FinTech

Africa’s first underground tunnel project to begin in Lagos soon – SGOF

October 19, 2025
Huawei Unveils AI Chip Roadmap to Challenge Nvidia’s Lead
FinTech

Huawei Unveils AI Chip Roadmap to Challenge Nvidia’s Lead

October 19, 2025
Mastercard teams up with enza to support fintech advancement in Africa
FinTech

ALTON: Migration of banks to USSD end-user billing system underway

July 10, 2025
Next Post
Mastercard teams up with enza to support fintech advancement in Africa

ALTON: Migration of banks to USSD end-user billing system underway

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Latest
  • Trending
10,000 Athletes Set for NUGA Games in Jos — UNIJOS VC

10,000 Athletes Set for NUGA Games in Jos — UNIJOS VC

October 28, 2025
Ogun Monarch Bans Parents from Keeping Children Out of School

Ogun Monarch Bans Parents from Keeping Children Out of School

October 28, 2025

COE Katsina Ala receives NELFUND’s disbursement,acknowledges

October 28, 2025
Why Gen Zs will never stop playing pranks

Why Gen Zs will never stop playing pranks

October 28, 2025
Ghana: WAEC releases WASSCE results cautions fraudsters

Breaking: WAEC Launches Customised Question Papers to Combat Exam Malpractice Across West Africa

April 11, 2025 - Updated on July 23, 2025

UTME 2025: JAMB Changes Reading Text to “Lekki Headmaster”

January 11, 2025 - Updated on July 23, 2025
Is JAMB serving our adolescent Mental Health?

UTME 2025: Everything You Should Know About Registration and Exam Days

January 13, 2025
UTME 2025: Download The Use of English Text for Jamb 2025 ‘The Lekki Headmaster’

40 POSSIBLE QUESTIONS FROM THE APPROVED 2025 JAMB NOVEL, THE LEKKI HEADMASTER

January 19, 2025

Popular Stories

  • Ghana: WAEC releases WASSCE results cautions fraudsters

    Breaking: WAEC Launches Customised Question Papers to Combat Exam Malpractice Across West Africa

    0 shares
    Share 0 Tweet 0
  • UTME 2025: JAMB Changes Reading Text to “Lekki Headmaster”

    0 shares
    Share 0 Tweet 0
  • UTME 2025: Everything You Should Know About Registration and Exam Days

    0 shares
    Share 0 Tweet 0
  • 40 POSSIBLE QUESTIONS FROM THE APPROVED 2025 JAMB NOVEL, THE LEKKI HEADMASTER

    0 shares
    Share 0 Tweet 0
  • WAEC Introduces Faster WASSCE Resit Option for West African Students

    0 shares
    Share 0 Tweet 0
Edutimes africa logo
EduTimes Africa, a product of Education Times Africa, is a magazine publication that aims to lend its support to close the yawning gap in Africa's educational development.

Browse by Category

  • Across Africa
  • Across the Globe
  • Admission Update
  • Advert
  • Advertorial
  • Africa
  • African Scholarships
  • African Superheroes
  • AFTER WORK SERIES
  • Alumni Corner
  • America
  • Best Countries in Education – Africa
  • Best High Schools
  • Calendar
  • Campus Metro
  • Career
  • Career Counseling
  • Challenge
  • Children's Corner
  • Community
  • Competition
  • Contest
  • Cover Story
  • Creatives Trailblazers
  • Diaspora Perspective
  • Did You Know?
  • Early Years Education
  • East Africa
  • Editor’s Comment
  • Education and Economy
  • Education Development
  • Education Insurance
  • Educational Resources
  • EduTech
  • EduTimes Africa Monthly
  • Entertainment Corner
  • Entertainment Industry
  • Entrepreneurship
  • Europe
  • Events
  • Exam Malpractice
  • Explainer
  • Fellowship
  • Financial Literacy
  • FinTech
  • Fitness Tips
  • Future of Work
  • Genz World
  • Girlchild Education
  • Global
  • Global Scholarships
  • Good Schools Guide
  • Grant
  • Guest Writers Comm
  • Health Line
  • History
  • How Education Made Me
  • Inclusive Education
  • Innovation
  • Inspiration
  • Internships
  • Interventions
  • Interviews
  • Mind Matters
  • NAPPS Conference
  • NELFUND Stories
  • News
  • Newsflash
  • Nigeria
  • Opinion
  • Opinion Article
  • Opinion Editorial
  • Opportunities
  • Parenting
  • Personal Development
  • Policy
  • Political Education
  • Poll
  • Press Release
  • Private Schools
  • Prodigy
  • Professional Development
  • Program
  • Ratings
  • Scholarships
  • Southern Africa
  • Special Education Coverage
  • Special Feature
  • Special needs education
  • SPONSORED STORY
  • Sport
  • Sports
  • Spotlight
  • STEM
  • Tanzania
  • Teacher's Development
  • Tech and Future of Work
  • Technical and Vocational
  • Teenage Counseling
  • Trainee /Fellowship Programmes
  • Uncategorized
  • USA and Canada
  • UTME 2025
  • Vocational Development
  • West Africa
  • Women Empowerment
  • Youth Perspective
  • About
  • Contact
  • Staff Login
  • Dashboard

© 2025 EduTimesAfrica - Premium Education news & magazine platform by Education Times Africa.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Login
Use Phone Number
Use Email Address
Not a member yet? Register Now
Reset Password
Use Phone Number
Use Email Address
Register
Already a member? Login Now

Add New Playlist

 
Required 'Candidate' login to applying this job. Click here to logout And try again
 

Login to your account

  • Forgot Password? | Sign Up

Reset Password

  • Already have an account? Login

Enter the username or e-mail you used in your profile. A password reset link will be sent to you by email.

Signup to your Account

  • Already have an account? Login

Close
Subscribe
No Result
View All Result
  • Home
  • Africa
  • Global
  • Innovation
  • Policy
  • Inspiration
  • Personal Development
  • Sports
  • Scholarships
  • Gallery
  • Creatives Trailblazers
  • News Room
  • Job Portal

© 2025 EduTimesAfrica - Premium Education news & magazine platform by Education Times Africa.

You want education product and services list? EXPLORE NOW
Click her to join the WhatsApp Channel
 

Account Activation

Before you can login, you must activate your account with the code sent to your email address. If you did not receive this email, please check your junk/spam folder. Click here to resend the activation email. If you entered an incorrect email address, you will need to re-register with the correct email address.