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- 📝 Microsoft lists OpenAI as competitor
📝 Microsoft lists OpenAI as competitor
News of the Day
Microsoft has a complex history with OpenAI, having invested around $13 billion in the ChatGPT maker and integrating its models into various Microsoft products while serving as OpenAI’s exclusive cloud provider. However, in an SEC filing on Tuesday, Microsoft referred to OpenAI as a “competitor” for the first time, listing it among rivals like Anthropic, Amazon, and Meta in AI, and alongside Google in search due to OpenAI’s new SearchGPT feature. This shift may reflect antitrust scrutiny from the FTC, which is examining cloud provider investments in AI startups. Although Microsoft relinquished its board observer seat at OpenAI after a controversy involving OpenAI's CEO Sam Altman, the tech giant continues to diversify its AI investments, including hiring leaders from Inflection AI and developing its own AI initiatives like Microsoft Copilot. This situation mirrors past tech dynamics, such as the partnership-turned-competition between Yahoo and Google, suggesting a potentially similar trajectory for Microsoft and OpenAI.
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Tweet of the Day
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Founders need to learn when to SHUT UP.
From watching 2000+ VC meetings, I know for a fact that:
Founders Talks More than VC = No Investment
VC Talks More than Founder = InvestmentYour deck/pitch should rely on intrigue and aim to start a conversation. Not close investment.
— Liam Gill (@LawyerLiam)
9:00 PM • Jul 31, 2024
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