"Microsoft’s original agreement with OpenAI also barred Microsoft from pursuing AGI based on OpenAI tech on its own; my understanding is that this clause was removed in the most recent agreement."
(It's hidden under a citation bubble you need to click after the third paragraph.)
I see. Pursuing AGI sounds distinct from commercializing future versions of ChatGPT based on OpenAI IP. I imagine the exact legal wording in the contract makes all the difference.
The WSJ article from June he cited indicates the license still comes with restrictions.
