Microsoft's $13 Billion Investment in OpenAI May Be "Some of the Best Money Ever Spent," According to Certain Wall Street Analysts

Biztoc.com - November 10, 2024

Microsoft's $13 Billion Investment in OpenAI May Be "Some of the Best Money Ever Spent," According to Certain Wall Street Analysts

In 2019, Microsoft (NASDAQ: MSFT) invested its first $1 billion in OpenAI, a San Francisco-based start-up focused on artificial intelligence (AI). At the time, Microsoft worried it had fallen "multiple years behind the competition in terms of machine learning…

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