Microsoft Eyes Legal Action as Amazon-OpenAI Deal Threatens Azure Exclusivity 
Elon Musk Confirms SpaceX, xAI, and Tesla Will Continue Large-Scale Nvidia Chip Orders 
Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round 
Trump White House Unveils National AI Policy Framework for Congress 
Nintendo Switch 2 Production Cut as Holiday Sales Miss Targets 
OpenAI Pulls the Plug on Sora, Ending $1 Billion Disney Partnership 
Super Micro Computer Shares Plunge After Co-Founder Charged in AI Chip Smuggling Case 
SpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 Billion 
SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion 
Merck's $6 Billion Bid for Terns Pharma Signals Bold Oncology Push 
Berkshire Hathaway and Tokio Marine Form Major Strategic Insurance Partnership 
AWS Bahrain Region Disrupted by Drone Activity Amid Middle East Conflict 
Elliott Investment Management Takes Multibillion-Dollar Stake in Synopsys 
Citi Names Eric Farina and Rob Cascarino to Lead Global Infrastructure Financing Group 
Delivery Hero Sells Taiwan Foodpanda to Grab for $600 Million in Debt-Reduction Push 
Golden Dome Missile Defense: Anduril and Palantir Join Forces on Trump's $185B Space Shield 
Meta and Google just lost a landmark social media addiction case. A tech law expert explains the fallout 
Microsoft revealed it is investing in OpenAI artificial intelligence company that has created the ChatGPT chatbot. The Washington-headquartered tech company may be shelling out billions for the deal.
As per CNBC, it was reported earlier this month that Microsoft is in discussion to invest as much as $10 billion. This will mark the third phase of the companies’ partnership, as they have also signed deals in 2019 and 2021.
The company said that its newest agreement with OpenAI will scale up its breakthroughs in AI. This will also be beneficial to both companies in the commercialization of their cutting-edge technologies in the future.
The investment will also allow Microsoft and OpenAI to get into the supercomputing level while also creating new AI-powered experiences. Researchers have ranked the AI firm as one of the top three artificial intelligence labs in the world. They have noted that OpenAi can beat humans in video game playing if it will be developing AI software for this.
ChatGPT was developed by OpenAi and has caught the attention of many tech companies, including Google. This app generates text based on written prompts and is described as more advanced and creative compared to other chatbots in Silicon Valley.
“We formed our partnership with OpenAI around a shared ambition to responsibly advance cutting-edge AI research and democratize AI as a new technology platform,” Microsoft’s chairman and chief executive officer, Satya Nadella, said in a blog post. “In this next phase of our partnership, developers and organizations across industries will have access to the best AI infrastructure, models, and toolchain with Azure to build and run their applications.”
OpenAI’s chief executive officer, Sam Altman, further said, “The past three years of our partnership have been great. Microsoft shares our values, and we are excited to continue our independent research and work toward creating advanced AI that benefits everyone.”
