Microsoft Secures 27% Stake in OpenAI in $135 Billion Deal

[kit_hung]

So here’s the scoop — Microsoft just locked in a major deal with OpenAI, the crew behind ChatGPT. They now own 27% of OpenAI, and that slice is worth a jaw-dropping $135 billion. If you’re counting in Norwegian kroner, that’s like 1,350 billion. Wild.

As part of the deal, Microsoft gets full access to OpenAI’s tech until 2032. In return, OpenAI’s gonna spend $250 billion on Microsoft’s Azure cloud services. After the news dropped, Microsoft’s stock jumped 4% when the U.S. markets opened on Tuesday. Big moves all around.

 

[gwolf666]

Here's the summary: Microsoft has just finalized a major deal with OpenAI, the company behind ChatGPT. It now owns 27% of OpenAI, a stake valued at approximately $135 billion, or about 1.35 trillion Norwegian kroner. An impressive figure indeed!
As part of the agreement, Microsoft will have full access to OpenAI's technology until 2032. In return, OpenAI will invest $250 billion in Microsoft Azure cloud services. Following the announcement, Microsoft shares rose 4% when US markets opened on Tuesday. Significant developments in the tech world.