Microsoft’s Tuesday annual report slipped in a new detail — it briefly mentioned OpenAI as a competitor in AI, search, and news advertising, despite Microsoft’s $13 billion, years-long commitment to the ChatGPT maker. Microsoft is OpenAI’s largest investor.
Microsoft’s previous annual report only mentioned OpenAI as a partner, not a competitor. The 2023 report stated that OpenAI exclusively uses Microsoft’s cloud services to power ChatGPT; Microsoft, in turn, uses the company’s AI models in its products.
Though Microsoft reiterated the partnership in the 2024 report, it added that OpenAI is a rival too.
“Our AI offerings compete with AI products from hyperscalers such as Amazon and Google, as well as products
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