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  3. OpenAI and Microsoft cap revenue-sharing payments at $38 billion ahead of possible IPO: Report
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  • 12 May 2026
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 OpenAI and Microsoft cap revenue-sharing payments at $38 billion ahead of possible IPO: Report

OpenAI and Microsoft have agreed to cap revenue-sharing payments at $38 billion, The Information reports, as the two companies finalise a renegotiated partnership that opens the door for OpenAI to work with Amazon and Google ahead of a possible IPO later this year.

OpenAI and Microsoft cap revenue-sharing payments at $38 billion ahead of possible IPO: Report

Sayantani Biswas

Sayantani Biswas is an assistant editor at Livemint with seven years of experience covering geopolitics, foreign policy, international relations and global power dynamics. She reports on Indian and international politics, including elections worldwide, and specialises in historically grounded analysis of contemporary conflicts and state decisions. She joined Mint in 2021, after covering politics at publications including The Telegraph. She holds an MPhil in Comparative Literature from Jadavpur University (2019), with a specialisation in postcolonial Latin American literature. Her research examined economic nationalism through Eduardo Galeano’s Open Veins of Latin America. She also writes on political language, cultural memory and the long shadows of conflict. Biswas grew up in Durgapur, an industrial town in West Bengal shaped by migration, which drew families from across India to the Durgapur Steel Plant. As the only child in a joint family, she spent years listening—almost obsessively—to her grandparents’ testimonies of struggle, fear and loss as they fled Bangladesh during the Partition of 1947. This formative exposure to lived historical memory later converged with her training in Comparative Literature, equipping her to analyse socio-economic structures and their reverberations. Outside the newsroom, she gravitates towards cultural history and critical theory, returning often to texts such as Paulo Freire’s Pedagogy of the Oppressed. As a journalist, she is committed to accuracy, intellectual rigour and fairness, and believes political reporting demands not only clarity and speed, but historical depth, contextual precision, and a disciplined resistance to spectacle.

Source: Livemint

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