Microsoft Concern About Google’s Lead Drove Investment in OpenAI

📆 01/05/2024 3:46:00
📰 BNNBloomberg

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Microsoft Corp.’s motivation for investing heavily and partnering with OpenAI came from a sense of falling badly behind Google, according to an internal email released Tuesday as part of the Justice Department’s antitrust case against the search giant.

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Microsoft-OpenAI deal set to dodge formal EU merger probe, sources saySources familiar with the matter said on Wednesday that EU antitrust regulators have concluded that Microsoft’s $13-billion investment into OpenAI is not an acquisition
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