Microsoft has submitted its annual report to the SEC or the US Securities and Exchange Commission after reporting its fourth-quarter financial results. One notable observation is that the company has added OpenAI as one of its key competitors in its core business.
In the document, Microsoft discusses competition in each business service sector, particularly in providing services to organizational clients. Microsoft mentioned that there are numerous companies offering AI services on a large scale for organizations, including major companies like Amazon, Google, as well as newcomers to the market such as Anthropic, OpenAI, Meta, and other open-source service providers.
Furthermore, Microsoft also mentions competitors in the search service sector such as Google, OpenAI, and many other websites, including Meta’s social media platform.
Microsoft is a significant investor in OpenAI, unofficially estimated at around $13 billion. This might suggest that from another perspective, OpenAI also competes directly with Microsoft. However, an OpenAI representative commented that both companies remain partners as before, understanding that their actions may lead to competition.
Source: CNBC
TLDR: Microsoft’s annual report to the SEC highlights the addition of OpenAI as a key competitor in its core business, although both companies maintain a partnership while acknowledging potential competition.
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