OpenAI shakes up partnership with Microsoft, capping revenue share payments

CEO of OpenAI Sam Altman speaks during the 2026 Infrastructure Summit of government officials, corporate executives, and labor leaders, in Washington, D.C., U.S., March 11, 2026. Kylie Cooper | Reuters OpenAI and Microsoft on Monday announced a revamped partnership agreement that will allow the artificial intelligence company to cap revenue share payments and serve customers…

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Qualcomm stock rises on report of OpenAI smartphone chip partnership

Qualcomm is one of the biggest semiconductor companies making chipsets. Nurphoto | Nurphoto | Getty Images Qualcomm shares rose on Monday following reports that it’s partnering with OpenAI to create smartphone processing chips to advance the AI firm’s hardware ambitions. The U.S. smartphone chipmaker is set to work alongside Taiwanese semiconductor firm MediaTek to develop…

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