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Microsoft (MSFT) Soars as MOU Lets OpenAI Advance For-Profit Restructure

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Microsoft and OpenAI signed a non-binding MOU on new terms that would allow OpenAI to proceed with restructuring into a for-profit company, bolstering Microsoft’s partnership prospects and lifting the stock.
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MSFT price history

497.75 +2.91% over the displayed period

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