Microsoft Deepens Collaboration with OpenAI: New Agreement Fuels Stock Surge

Microsoft and OpenAI have signed a significant new agreement, driving a substantial boost to Microsoft’s stock price. The deal involves OpenAI purchasing $250 billion in Azure cloud services, while Microsoft gains approximately $135 billion, or 27%, of ownership in OpenAI. The partnership underscores Microsoft’s ongoing support for OpenAI’s establishment as a public benefit corporation (PBC). Notably, Microsoft retains control over intellectual property rights and exclusive access to the Azure API until achieving artificial general intelligence (AGI), a key milestone in AI development.