Microsoft has agreed to a deal that will allow OpenAI to become a for-profit company, likely paving the way for an IPO. The tech giant’s stake will be worth $135 billion and comes with another $250 billion in cloud computing revenue. We also discuss recent jobs news and the future of AI in transportation and medicine.
Travis Hoium, Lou Whitemand, and Rachel Warren discuss:
- Microsoft’s $135 billion OpenAI stake
- Rolling layoffs in Corporate America
- NVIDIA’s deals in robotics, aviation, and medicine
Companies discussed: Microsoft (MSFT), Amazon (AMZN), Target (TGT), NVIDIA (NVDA), UPS (UPS).
Host: Travis Hoium
Guests: Lou Whitemand, Rachel Warren
Engineer: Dan Boyd
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