Microsoft’s (MSFT) 27% stake in OpenAI (OPAI.PVT) is currently valued at $135 billion, according to the two companies’ latest for-profit agreement. This all comes ahead of Microsoft’s fiscal first quarter earnings results due out after the closing bell on Wednesday.
Intelligent Alpha Founder and CEO Doug Clinton talks more about what his firm’s investment in Microsoft represents as an indirect exposure to OpenAI.
Also hear Doug Clinton’s other thoughts around AI capex spending and Nvidia’s (NVDA) latest partnership announcements.
To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here: https://finance.yahoo.com/videos/series/market-catalysts/
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