Microsoft has become the second company to reach a $4 trillion market cap, following Nvidia. The milestone came after a strong Q4 earnings report, with Azure revenue hitting $75 billion. Microsoft’s stock has soared over 110% since debuting OpenAI’s ChatGPT in 2022. The relationship between Microsoft and OpenAI has been mutually beneficial, with both companies seeing significant revenue growth. However, recent discussions about OpenAI’s transition to a public benefit corporation have caused tension between the two parties. Microsoft is also investing heavily in AI, developing its own models to compete with OpenAI and Google. They are also facing an FTC antitrust investigation over their relationship with OpenAI.
Read more at Yahoo Finance: Microsoft’s market cap surpasses $4 trillion mark joining Nvidia in exclusive club
