Tech In Depth

Microsoft’s Deal With OpenAI Now Viewed as a Risk, Not Reward

The partnership, once applauded, now faces a skeptical audience
Kevin Scott, CTO at Microsoft, right, and Sam Altman, CEO of OpenAI, at the Microsoft Build event in Seattle.Photographer: Chona Kasinger/Bloomberg
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Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Matt Day looks at the surprising moment when investors decided Microsoft’s relationship with OpenAI may provide a greater risk than reward.

Nvidia’s OpenAI bet: The chipmaker is looking to invest $20 billion in the artificial intelligence company’s funding round that may raise as much as $100 billion.