Market Chatter: OpenAI to Expand Role in Data Centers, Chips, Cutting Reliance on Microsoft-February 2024-www.financetom.com

Market Chatter: OpenAI to Expand Role in Data Centers, Chips, Cutting Reliance on Microsoft

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Market Chatter: OpenAI to Expand Role in Data Centers, Chips, Cutting Reliance on Microsoft

Oct 10, 2024 9:33 PM

02:39 PM EDT, 10/08/2024 (MT Newswires) -- OpenAI Chief Executive Officer Sam Altman and Chief Financial Officer Sarah Friar told some employees that the company would initiate a greater role in getting data centers and artificial-intelligence chips, instead of relying solely on Microsoft ( MSFT ) , The Information reported Tuesday, citing a person who heard the remarks.

The companies have been sharing artificial intelligence, specialized servers and product revenue with Microsoft ( MSFT ) paying for almost all of that work, according to the report.

OpenAI and Microsoft ( MSFT ) didn't respond immediately to requests for comments from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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