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The probability of the Federal Reserve maintaining interest rates in January is 88.4%, and the probability of a rate cut is 11.6%.
58m ago
The US Dollar Index rose 0.11%, closing at 98.683
1h ago
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Microsoft will hold a 27% stake in OpenAI and gain usage rights to the AI models.
Jin10 Data, October 28 - Microsoft (MSFT.O) has finalized a new protocol with OpenAI after long negotiations. According to a joint statement released on Tuesday, Microsoft will acquire a 27% stake in OpenAI, valued at approximately $135 billion. In addition, Microsoft will be allowed to use the technology of this artificial intelligence startup until 2032, including models that have reached the General Artificial Intelligence (AGI) benchmark. As part of the protocol, Microsoft will no longer enjoy the preferential purchasing rights for OpenAI Computing Power, but OpenAI has committed to invest an additional $250 billion in purchasing Azure services.