Microsoft stock in focus as OpenAI deal gets reworked — No more revenue share, licence goes non-exclusive

Microsoft Stock that closed 2% higher on Friday, opened 1% lower on Monday in the initial hours of the trade. On Monday, Microsoft announced an Amended Agreement in the Microsoft-OpenAI partnership.

The amended agreement’s statement reads – “While this amendment simplifies the partnership, the work we’re doing together remains ambitious. From scaling gigawatts of new datacenter capacity, to collaborating on next-generation silicon, to applying AI to advance cybersecurity, and more, we’re excited to keep partnering to advance and scale AI for people and organizations around the world.”