Microsoft is reportedly in advanced negotiations with OpenAI to secure continued access to the startup’s cutting-edge artificial intelligence technology—even in the event that OpenAI achieves artificial general intelligence, Bloomberg News reported on Tuesday.

According to the report, both companies are revisiting the terms of their existing partnership to address a key clause in their current agreement that could limit Microsoft’s rights to OpenAI’s most advanced systems if AGI—AI that surpasses human intelligence—is achieved.

Negotiations between the two tech giants have been ongoing for months, and an updated agreement could be finalised within weeks. Microsoft and OpenAI have declined to comment publicly on the matter.

The discussions are part of broader efforts to revise the companies’ investment framework. OpenAI requires Microsoft’s approval to complete its transition to a public-benefit corporation, and the talks also involve a review of Microsoft’s future equity stake in the AI company.

The latest developments come as Microsoft prepares to announce its June-quarter earnings, with investors closely watching the state of its partnership with OpenAI. The relationship, once seen as exclusive, is facing new pressure as OpenAI expands its cloud infrastructure partnerships to include tech rivals such as Google, Oracle, and CoreWeave.

Tensions between Microsoft and OpenAI surfaced earlier this year, particularly around the AGI clause, according to a report by The Information. Meanwhile, OpenAI is also battling a lawsuit filed by Tesla CEO Elon Musk, a co-founder of the company, who has accused it of abandoning its original non-profit mission in favour of commercial gain.

The outcome of the current negotiations could reshape how Microsoft engages with one of the world’s most influential AI companies, as the race to control next-generation AI intensifies.