OpenAI Breaks From Exclusive AI Pact With Microsoft

About this episode

The episode discusses the new agreement between Microsoft and OpenAI, along with updates on Bill Ackman's IPO and Verizon's subscriber gains.

Watch Paul and Scarlet LIVE every day on YouTube:  http://bit.ly/3vTiACF . Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu -Ed Ludlow, BTech Co-Anchor, discusses news that Microsoft and OpenAI have agreed to drop the software giant’s exclusive right to sell the startup’s AI models. The new pact simplifies a complicated relationship and allows OpenAI to pursue deals with cloud-computing rivals like Amazon.com Inc. -Bailey Lipschultz, Bloomberg News Senior Equities Reporter, discusses news that Billionaire Bill Ackman’s IPO of his closed-end fund and his alternative asset management company is expected to raise about $5 billion, the low end of the targeted fundraising range. -John Butler, Bloomberg Intelligence Senior Telecom Analyst, discusses Verizon Communications reporting a gain of mobile subscribers, with 55,000 net new mobile phone customers, a year-over-year improvement of 340,000. -Sid Philip, Bloomberg Chief Correspondent for Global Aviation, discusses news that United Airlines Chief Executive Officer Scott Kirby confirmed he approached American Airlines Group and that merger talks have ended. See omnystudio.com/listener for privacy…

People in this episode

Hosts: Paul Sweeney, Scarlet Fu

Guests: Ed Ludlow, Bailey Lipschultz, John Butler

Topics covered

• AI
• Microsoft
• OpenAI
• IPO
• Telecom
• Aviation

Keywords

• OpenAI
• Microsoft
• AI models
• IPO
• Verizon
• Billionaire
• Aviation

Mentioned in this episode

Organizations: Microsoft, OpenAI, Amazon.com Inc., Verizon Communications, United Airlines, American Airlines Group

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