Microsoft Secures 20% of OpenAI Revenue Through 2032 Amid Stock Slump
Microsoft has renegotiated its partnership with OpenAI, securing 20% of the AI firm's total revenue through 2032—extending the previous 2030 cutoff. The revised deal allows OpenAI to collaborate with other compute providers, removing Microsoft's first right of refusal. Payments under the agreement will be partially deferred to later years.
The tech giant holds a 27% stake in OpenAI Group PBC, now valued at approximately $135 billion. This strategic MOVE comes as Microsoft's stock trades at a forward P/E of 24, its lowest valuation in nearly three years. Shares have fallen over 25% from October 2026 highs, currently priced at $397.24.
While the article focuses on traditional equities, the AI infrastructure developments could indirectly benefit blockchain projects focused on decentralized compute networks or AI integrations. No direct cryptocurrency or exchange mentions were identified in the source material.
