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The relationship with OpenAI, which began in 2019, has become one of the most influential partnerships in the technology sector. Nadella called it “one of the most successful partnerships and investments our industry has even seen,” adding that both companies “continue to benefit mutually from each other’s growth across multiple dimensions.”
As part of the new recapitalization agreement, Microsoft now holds a 27% stake in OpenAI Group PBC, valued at roughly $135 billion, while the non-profit OpenAI Foundation controls a $130 billion stake in the for-profit entity.
AI spending surges 74% year-on-year
Microsoft’s AI investments show no signs of slowing down. The company spent $34.9 billion this quarter on AI-related projects, a 74% increase from the same period last year. This includes work on AI infrastructure, Copilot tools, and cloud-based AI systems.
Nadella said the company is focused on building AI systems that work “across high-value domains” such as enterprise, productivity, and cybersecurity.
Siddharth Shankar
Siddharth Shankar brings over a decade of experience in the realm of journalism, film making, and marketing, currently heading the Technology, Science, Gaming, and Automobile sections. He blends his expertise and passion to bring forth cutting-edge stories that resonate with a dynamic audience. Siddharth co-founded BWAutoworld.com for BW Businessworld and was leading Science and Technology domains for TimesNow Digital. For leads Siddharth can be reached on Twitter – @Siddh4rth
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