Microsoft Gains 27 Percent Stake in Open AI Under New Agreement

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Microsoft Gains 27 Percent Stake in Open AI Under New Agreement
Photo: Thibault Camus AP/TT

Microsoft will according to the agreement also have access to Open AI's technology until 2032, which also includes models for artificial intelligence developed by Open AI.

Open AI also undertakes to purchase cloud services from Microsoft's Azure for 250 billion dollars.

Microsoft's share rises 4 percent on Wall Street after the message.

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TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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