From Nasdaq:

Microsoft has invested $13.5 billion in OpenAI, leading to a surge in its stock price. The company also signed a partnership deal with Mistral, a French AI startup, valued at over $2 billion. Mistral is a key player in generative AI, with models that are open source and valued by tech leaders.

Investments in AI are paying off for Microsoft, with quarterly profit and revenue exceeding market estimates. The company’s AI features, like Copilot, are driving sales growth in Office software and Azure cloud services. Microsoft’s diversified assets and strong cloud business position it for long-term growth and resilience in uncertain times.



Read more at Nasdaq: Forget OpenAI, Here’s the New AI Start-Up Set to Boost Microsoft Stock