微软、OpenAI再签重磅协议：OpenAI追加2500亿美元Azure服务订单，微软持有27%股权、AI模型授权延至2032年-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Like
Comment
Favorite

微软、OpenAI再签重磅协议：OpenAI追加2500亿美元Azure服务订单，微软持有27%股权、AI模型授权延至2032年

华尔街见闻10-28

微软支持OpenAI推进公共利益公司（PBC）形式的成立。在OpenAI完成资本重组后，微软对PBC的投资权益被明确估值在1350亿美元。按“转换稀释基准”并包含所有所有者（员工、投资者及OpenAI基金会）计算，微软持有约27%的股权。微软对OpenAI模型和产品的知识产权授权延长至2032年，其中包含了AGI实现之后的模型（需配备适当的安全护栏）。OpenAI与其最大投资者微软已就合作架构达成...

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Like

Report

Comment

empty

No comments yet

Most Discussed

7x24

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1153418546?lang=en_US&edition=fundamental","thumbnail":"https://static.tigerbbs.com/783e4a9d3f00e88db6623c5917a7c472","is_english":false,"pubTime":"2025-10-28 23:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1153418546","market":"us","top_or_hot":-1,"title":"微软、OpenAI再签重磅协议：OpenAI追加2500亿美元Azure服务订单，微软持有27%股权、AI模型授权延至2032年","media":"华尔街见闻","content":"<div>\n<p>微软支持OpenAI推进公共利益公司（PBC）形式的成立。在OpenAI完成资本重组后，微软对PBC的投资权益被明确估值在1350亿美元。按“转换稀释基准”并包含所有所有者（员工、投资者及OpenAI基金会）计算，微软持有约27%的股权。微软对OpenAI模型和产品的知识产权授权延长至2032年，其中包含了AGI实现之后的模型（需配备适当的安全护栏）。OpenAI与其最大投资者微软已就合作架构达成...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3758104\">Source Link</a>\n\n</div>\n","source":"lsy1700700604709","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>微软、OpenAI再签重磅协议：OpenAI追加2500亿美元Azure服务订单，微软持有27%股权、AI模型授权延至2032年</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n微软、OpenAI再签重磅协议：OpenAI追加2500亿美元Azure服务订单，微软持有27%股权、AI模型授权延至2032年\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-10-28 23:16 北京时间&nbsp;&nbsp;&nbsp;<a href=https://wallstreetcn.com/articles/3758104><strong>华尔街见闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>微软支持OpenAI推进公共利益公司（PBC）形式的成立。在OpenAI完成资本重组后，微软对PBC的投资权益被明确估值在1350亿美元。按“转换稀释基准”并包含所有所有者（员工、投资者及OpenAI基金会）计算，微软持有约27%的股权。微软对OpenAI模型和产品的知识产权授权延长至2032年，其中包含了AGI实现之后的模型（需配备适当的安全护栏）。OpenAI与其最大投资者微软已就合作架构达成...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3758104\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MSFT","symbol_name":"微软","start_time":0,"source_url":"https://wallstreetcn.com/articles/3758104","article_id":"1153418546","we_media_id":null,"thumbnails":["https://static.tigerbbs.com/783e4a9d3f00e88db6623c5917a7c472"],"rights":{"source":"lsy1700700604709","url":"https://wallstreetcn.com/articles/3758104","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1153418546","pubTimestamp":1761664573,"columns":[],"sourceInfo":{"source_id":"lsy1700700604709","name":"华尔街见闻"},"weMediaInfo":null,"summary":"在OpenAI完成资本重组后，微软对PBC的投资权益被明确估值在1350亿美元。按“转换稀释基准”并包含所有所有者计算，微软持有约27%的股权。当地时间周二，微软和OpenAI发布联合声明。作为合作协议的关键部分，OpenAI承诺向微软追加采购2500亿美元的Azure云计算服务。根据声明，微软对OpenAI模型和产品的知识产权授权延长至2032年，其中包含了AGI实现之后的模型。","collect":0,"end_time":0,"defaultTopTitle":"wallstreetcn.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"MSFT":"微软"},"translate_title":"Microsoft and OpenAI sign another blockbuster agreement: OpenAI adds US $250 billion in Azure service orders, Microsoft holds 27% of the shares, and AI model authorization is extended to 2032","themeId":"65228a29fcdbb6c6fdc64c9acb662d23","isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/4587e3656ecdb5b4d933699f85f4324f","symbols_score_info":{"MSFT":1.1},"content_text":"微软支持OpenAI推进公共利益公司（PBC）形式的成立。在OpenAI完成资本重组后，微软对PBC的投资权益被明确估值在1350亿美元。按“转换稀释基准”并包含所有所有者（员工、投资者及OpenAI基金会）计算，微软持有约27%的股权。微软对OpenAI模型和产品的知识产权授权延长至2032年，其中包含了AGI实现之后的模型（需配备适当的安全护栏）。OpenAI与其最大投资者微软已就合作架构达成新协议。当地时间周二，微软和OpenAI发布联合声明。作为合作协议的关键部分，OpenAI承诺向微软追加采购2500亿美元的Azure云计算服务。微软支持OpenAI推进公共利益公司（PBC）形式的成立。在OpenAI完成资本重组后，微软对PBC的投资权益被明确估值在1350亿美元。按“转换稀释基准”并包含所有所有者（员工、投资者及OpenAI基金会）计算，微软持有约27%的股权。若不计算OpenAI近期融资轮的影响，微软在OpenAI营利实体中的持股比例为32.5%（按转换基准计算）。此外，OpenAI仍是微软的前沿模型合作伙伴。根据声明，微软对OpenAI模型和产品的知识产权授权延长至2032年，其中包含了AGI实现之后的模型（需配备适当的安全护栏）。技术授权，微软再获延期协议延续了双方在尖端模型领域的独家合作，微软将继续作为OpenAI前沿模型的优先合作伙伴。在知识产权方面，微软获得的授权出现重要扩展：授权期限明确延长至2032年授权范围首次明确包含AGI实现后的后续模型保留对模型架构、权重等核心知识产权的永久权利研究类知识产权的保护期设定为“AGI验证达成或2030年”的较早者商业模式与运营权限重构协议对双方商业合作边界进行了重新界定：OpenAI承诺追加采购价值2500亿美元的Azure云服务，创下云计算领域单笔采购纪录微软放弃算力优先采购权，但通过巨额采购承诺确保了长期合作基础OpenAI获准与第三方开展合作，其中API类产品仍由Azure独家承载OpenAI获准向美国政府国家安全客户直接提供服务，突破云服务商限制OpenAI获准在符合标准前提下发布开源模型AGI治理与未来发展框架针对最具战略价值的AGI领域，协议设立了创新性的治理机制：引入独立专家小组作为AGI达成的权威验证机构微软获准自主或联合第三方研发AGI，但使用OpenAI技术时将受计算阈值限制收入分享协议延续至AGI验证达成，支付周期相应延长","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding,corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}