# How Microsoft Won in Its Revised Deal With OpenAI Page: https://stenobird.com/podcast/unchained-5662698/how-microsoft-won-in-its-revised-deal-with-openai Text version: https://stenobird.com/podcast/unchained-5662698/how-microsoft-won-in-its-revised-deal-with-openai.md Podcast: [Unchained](https://stenobird.com/podcast/unchained-5662698) Published: 2026-04-29T16:00:00+00:00 Episode link: https://pdrl.fm/98e0b1/traffic.megaphone.fm/LSHML7281830977.mp3 Audio file: https://pdrl.fm/98e0b1/traffic.megaphone.fm/LSHML7281830977.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/unchained-5662698/episodes/how-microsoft-won-in-its-revised-deal-with-openai Duration seconds: 201 ## Resource Microsoft restructured its agreement with OpenAI, and Ram Ahluwalia has a clear verdict: Microsoft won. In this segment from Bits + Bips, Ram explains the three things Microsoft secured from the new deal, walks through the contract-breach context that shifted the negotiating leverage, and argues that Microsoft now holds a free call option on all of OpenAI's future model development, at no additional cost. Chris Perkins (@perkinscr97) β€” Co-Founder & Managing Partner, 250 Digital Asset Management Ram Ahluwalia (@ramahluwalia) β€” CEO, Lumida Wealth This clip is from a longer conversation on markets, tech earnings, DeFi security, and prediction markets. Full episode here: https://youtube.com/live/GE_847Xrj9E We go live every Monday at 4:30pm ET β€” subscribe to catch it live. If you haven’t yet, be sure to subscribe to Bits + Bips, since the show will migrate there in a few weeks. Follow us on Apple Podcasts, YouTube, Spotify, X, Unchained and wherever you get your podcasts. πŸ”₯ Apple Podcasts - https://podcasts.apple.com/us/podcast/bits-bips/id1827931786 πŸ”₯ YouTube - https://www.youtube.com/channel/UCuKiSkbYrUOOEEiYQEVPniQ πŸ”₯ Spotify - https://open.spotify.com/show/6aSBMrOyi33aVDCULJ9mjN?si=NTLk-jl5QGeytA6-2kxMVQ&nd=1&dlsi=42f0b13dd53c4ba0 πŸ”₯X - https://x.com/bitsandbips πŸ”₯ Unchained - https://unchainedcrypto.com/bitsandbips/ Learn more about your ad choices. Visit megaphone.fm/adchoices ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/unchained-5662698/episodes/how-microsoft-won-in-its-revised-deal-with-openai/transcription-requests` β€” Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/unchained-5662698/how-microsoft-won-in-its-revised-deal-with-openai.md` β€” Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.