How OpenAI’s Chaos Translated To Microsoft’s Gain - Forbes

Nov 21, 2023 · The news sent Microsoft’s stock to an all-time high, swelling its market capitalization to close to $3 trillion. Analysts wrote the move creates stability for the tech titan’s …

CouponFollow Extension

$3
OFF

How OpenAI’s Chaos Translated To Microsoft’s Gain - Forbes

1 week from now

Nov 21, 2023 · The news sent Microsoft’s stock to an all-time high, swelling its market capitalization to close to $3 trillion. Analysts wrote the move creates stability for the tech titan’s …

forbes.com

7%
OFF

How Microsoft Leveraged The OpenAI-Sam Altman Chaos To Boost …

1 week from now

Nov 21, 2023 · On Friday, as the OpenAI news broke, Microsoft’s stock took a 1.7% dip. But after Nadella’s Altman announcement, it quickly recovered to hit a record high on Monday .

fastcompany.com

60%
OFF

Microsoft Emerges As The Big Winner Amid Chaos At OpenAI - MSN

1 week from now

Microsoft’s shares initially took a hit when OpenAI fired and then rehired its CEO, Sam Altman. ... beneficiary of the chaos, with its stock surging nearly 60% in 2023, largely driven by its AI ...

msn.com

$13
OFF

OpenAI’s Loss Is Microsoft’s Gain: How The AI Race Just Changed

1 week from now

Nov 20, 2023 · OpenAI’s loss is Microsoft’s gain: How the AI race just changed. November 20, 2023 by . When a company invests $13 billion in a startup, as Microsoft has with OpenAI, you …

practical-tech.com

$250000
OFF

Forbes Daily: OpenAI Valuation Rises Amid Shift To For-Profit …

1 week from now

Oct 3, 2024 · Steward initially put up $250,000 in capital to start WWT in 1990, according to a 2019 Forbes profile, and has gone on to nab top corporate clients like Apple, Citi, Microsoft …

forbes.com

FAQs about How OpenAI’s Chaos Translated To Microsoft’s Gain - Forbes Coupon?

Is Microsoft's gain really OpenAI's loss?

“Finding people who are smart, have good ideas and are determined, because everyone’s chasing after the same people and now Microsoft just got this huge windfall of talent. And so Microsoft’s gain is really OpenAI’s loss at this point,” Kreps said. Read more in a full report at TheHill.com . ...

Why does Microsoft not invest in OpenAI?

In part, there's a simple reason for that — Microsoft doesn't have a bona fide exit strategy. Its OpenAI investment reportedly includes limited cash, and lots of Azure cloud credits. Additionally, Microsoft reportedly doesn't actually own a stake in OpenAI, in the traditional sense. ...

Why did Microsoft announce a partnership with OpenAI?

Microsoft announced their partnership and $10 billion investment in OpenAI one year ago. Thursday’s announcement comes after a year of massive investments into AI companies by big tech firms. The relationship between Microsoft and OpenAI became even closer after OpenAI CEO Sam Altman was briefly fired by the company’s board of directors in November. ...

Who will win OpenAI?

MORE: The biggest winner of OpenAI’s turmoil might ultimately be Microsoft, whose shares surged to an all-time high of $377.10 after the company said it tapped Altman and former OpenAI President Greg Brockman to join as the heads of its newly formed “advanced AI research” unit. ...

How much is Microsoft's investment in OpenAI worth?

In total, Microsoft's investment in OpenAI is reportedly worth as much as $13 billion, albeit with mysterious and unorthodox terms. The ousting of OpenAI CEO Sam Altman highlighted a salient reality — that Microsoft's near- and long-term fate in the AI arms race lies squarely with OpenAI. ...

Why did Microsoft invest billions in OpenAI?

Microsoft invested billions of dollars in OpenAI and worked closely with the company by incorporating ChatGPT into Microsoft products. The company’s partnership with Microsoft kept it in a leading position in the AI arms race that heated up this year. ...