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OpenAI strikes new deal with Microsoft

Microsoft and OpenAI reach new deal valuing OpenAI at $500 billion

Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and giving it more freedom in its business operat...

PCMag on MSN · 1d

Microsoft, OpenAI Sign New AI Deal, Paving Way for More Investments

The Official Microsoft Blog on MSN · 2d

The next chapter of the Microsoft–OpenAI partnership

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Microsoft’s new OpenAI deal strengthens long-term Azure growth outlook

UBS called Microsoft’s revised agreement with OpenAI “a positive,” saying the $250 billion commitment provides stronger visibility into future Azure cloud revenue and reaffirms Microsoft’s central rol...

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Microsoft’s stock rises as new OpenAI partnership comes as a relief to investors

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Microsoft to get 27% of OpenAI, access to AI models until 2032

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OpenAI completes shift to becoming for-profit

Microsoft can now independently pursue artificial general intelligence - sometimes defined as AI that surpasses human intelligence - on its own or in partnership with other parties, the companies sai...

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Microsoft, OpenAI reach deal removing fundraising constraints for ChatGPT maker

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OpenAI completes for-profit restructuring and inks Microsoft agreement

1don MSN

OpenAI's new agreement with Microsoft gives the AI startup more freedom on its quest to raise billions

In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 billion.

18h

Microsoft, OpenAI Rewrite Partnership Rules Amid AGI Power Rebalance

Microsoft and OpenAI unveil a deal extending IP rights, adding independent AGI verification, and giving both sides more freedom while maintaining Azure ties.

1don MSN

'Peacetime CEO': Microsoft resolves major dispute with OpenAI ahead of earnings

Microsoft lifted a funding restriction on OpenAI that became a point of conflict after ChatGPT took off required more computing power.

3hon MSN

Microsoft CEO Satya Nadella says Bill Gates told him his big bet on OpenAI would be a flop: ‘Yeah, you’re going to burn this billion dollars’

Microsoft CEO Satya Nadella faced pushback even from the company’s cofounder and original CEO Bill Gates, he recalled during an interview on tech-focused YouTube channel TPBN. “Remember this was a nonprofit, and I think Bill [Gates] even said, ‘Yeah, you’re going to burn this billion dollars,'” Nadella said.

14h

Microsoft’s stock falls on AI spending concerns and lack of clarity about OpenAI

However, Microsoft revealed a major drop in profit due to what it termed was an “equity method investment” in OpenAI Group PBC, resulting in a 41-cents-per-share hit to its earnings and a $3.1 billion drop in its net income. Even so, the company’s bottom line was still healthy at $27.7 billion, up from $24.67 billion in the year-ago quarter.

20h

Microsoft continues to be best exposure to OpenAI, analyst says

Microsoft's (MSFT) 27% stake in OpenAI (OPAI.PVT) is currently valued at $135 billion, according to the two companies' latest for-profit agreement. This all comes ahead of Microsoft's fiscal first quarter earnings results due out after the closing bell on Wednesday.