OpenAI seeks to unlock investment by ditching ‘AGI’ clause with Microsoft

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Start-up discusses removing provision to protect powerful technology from being misused for commercial purposes

OpenAI is in discussions to ditch a provision that shuts Microsoft out of its most advanced models when the start-up achieves “artificial general intelligence”, as it seeks to unlock billions of dollars of future investment.Under current terms, when OpenAI creates AGI — defined as a “highly autonomous system that outperforms humans at most economically valuable work” — Microsoft’s access to such a technology would be void. The OpenAI board would determine when AGI is achieved.

We’ve left ourselves some flexibility because we don’t know what will happen,” added Altman, who could receive a direct equity stake in OpenAI for the first time as part of the restructure. Increasingly, people at OpenAI have moved away from defining AGI as a single point, instead emphasising it is a continuous process and will be defined by wider society. OpenAI began raising outside capital in 2019, receiving a $1bn investment from Microsoft that year.

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