OpenAI warns Microsoft ties pose risk ahead of potential IPO: Report

OpenAI said its close ​ties with Microsoft could be ​a potential risk to its business, telling investors that ​the software company is responsible for “a substantial portion of our financing and compute,” CNBC reported on Monday.

OpenAI included sections titled “Risks Related to the Transaction” and “Risks Related ‌to our ⁠Business”, ⁠the report said, citing a financial document that resembles an IPO prospectus, which OpenAI shared ​with prospective investors tied to its recent record financing round.