"Microsoft Corp. and OpenAI finalized a new agreement in a long-negotiated partnership. Under the new pact, Microsoft will get a 27% ownership stake in OpenAI worth about $135 billion, the companies said in a statement Tuesday. In addition, Microsoft will have access to the artificial intelligence startup's technology until 2032, including models that achieved the benchmark of AI general intelligence."
"The world's largest software maker will no longer have a right of first refusal on OpenAI compute, though the startup has made an additional $250 billion commitment to buy Azure services. Microsoft shares jumped almost 4% in early trading. More stories like this are available on bloomberg.com 2025 Bloomberg L.P."
Microsoft will acquire a 27% ownership stake in OpenAI valued at about $135 billion and will have access to OpenAI's technology through 2032, including models that reached AI general intelligence benchmarks. OpenAI will no longer grant Microsoft a right of first refusal on compute, while committing an additional $250 billion to purchase Azure cloud services. Microsoft stock rose nearly 4% in early trading following the agreement. The pact formalizes a long-negotiated partnership and sets commercial and technical terms for an extended collaboration between the software giant and the AI startup.
Read at www.mercurynews.com
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