Microsoft reported that its flagship cloud computing business experienced a slowdown in growth amid constraints on data center supply.

Microsoft is OpenAI's largest investor, with a 49% stake, translating to $14 billion. As part of its complicated partnership with the ChatGPT maker, Microsoft was once the exclusive cloud computing partner for OpenAI. However, OpenAI's $500 billion investment in computing infrastructure changes its relationship with Microsoft.

Microsoft has tested Wall Street's patience by plunking down huge amounts of cash in pursuit of profits from AI that have yet to satisfy investors.

The software giant was previously the exclusive cloud provider for OpenAI and now retains right of first refusal.

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The Azure cloud division will grow at as much 32 per cent in its fiscal third quarter, not much faster than it did during the last three months of 2024

Microsoft won’t be the sole cloud provider for OpenAI but can decide whether to deliver the capacity or allow another company to do it.

It also means that OpenAI’s API will be exclusive to Microsoft’s Azure cloud computing platform. Following around $14 billion investment into the AI company, Microsoft confirmed it remains "a ...

The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for tech stocks.

ChatGPT creator OpenAI said on Tuesday said that Chinese firms are "constantly" trying to tap into U.S. rivals to improve Chinese artificial intelligence models.

“I know President Trump is also looking at how we can potentially streamline that, because it’s one way of getting more modern software tooling into the government and helping the government run more efficiently,” OpenAI CPO Kevin Weil told CNBC. “So we’re very excited about that.”