GMBStaff

 17 Apr 24

tl;dr

Microsoft's $13B investment in OpenAI will avoid any formal investigation by European Union officials, according to a report Wednesday by Bloomberg. The European Commission concluded the investment does not count as a takeover since the direction of OpenAI, the creator of ChatGPT, is not controlled ...

Microsoft's $13B investment in OpenAI will avoid any formal investigation by European Union officials, according to a report Wednesday by Bloomberg. The European Commission concluded the investment does not count as a takeover since the direction of OpenAI, the creator of ChatGPT, is not controlled by Microsoft, people familiar with the matter told Bloomberg. Some of the EU's concerns over the investment were quelled after OpenAI CEO Sam Altman was allowed to return to OpenAI's board following a review by the law firm WilmerHale of the events leading to his temporary ouster. Microsoft said its relationship with OpenAI fosters "AI innovation and competition, while preserving independence for both companies," Bloomberg reported. Several members of the Magnificent 7 have invested in AI startups in recent years. Last month, Amazon invested $2.75B in Anthropic, bringing its total investment in the company to $4B. Google has also invested in Anthropic as well as Cohere. Cohere has also partnered with Oracle and Nvidia.

More about Microsoft Corporation

Microsoft Corporation is an American multinational technology company known for its production of computer software, consumer electronics, personal computers, and related services. Its notable software products include the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. The company's flagship hardware products consist of the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue and was the world's largest software maker by revenue as of 2016. It is considered one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Amazon, and Facebook.

Sector: TECHNOLOGY

Industry: SERVICES-PREPACKAGED SOFTWARE

Market Cap: 3,080,511,816,000

Current Price: $37.45

Change: $2.86

Change %: 11.07%

PE Ratio: 30.61

Volume: 363,000

Revenue: 227,583,001,000

Gross Margin: 46.27%

EBITDA: 0.332

Net Income: 0.176

More about Amazon.com Inc

Company: Amazon.com Inc

Industry: Technology (E-commerce, Cloud Computing, Digital Streaming, Artificial Intelligence)

Market Sector: Information Technology

Comparable Companies: Google, Apple, Microsoft, Facebook

Business Segment: Trade & Services

Industry Category: Retail-Catalog & Mail-Order Houses

Market Cap: 1907.02 billion

Dividend Yield: 0.0529

Price to Earnings Ratio: 55.78

Shares Outstanding: 574,784,995,000

Current Price: $209.59

52-Week High: $50.69

52-Week Low: $0.139

More about Alphabet Inc Class C
Alphabet Inc. Class C Summary

Alphabet Inc. Class C Summary

Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.

Sector: TECHNOLOGY

Industry: SERVICES - COMPUTER PROGRAMMING, DATA PROCESSING, ETC.

Market Cap: $1,928,721,596,000

P/E Ratio: 26.9

Dividend Yield: None

Beta (5Y Monthly): 5.8

EPS: $24.34

Forward P/E: 0.24

Volume: 307,393,987

Market Cap (intraday): $163.84

Book Value: 0.56

Price/Sales: 0.135

More about Alphabet Inc Class A
Alphabet Inc Class A Summary

Alphabet Inc Class A Summary

Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.

Key Financials

Sector: Technology

Industry: Services-Computer Programming, Data Processing, etc.

Market Cap: 1,928,733,786,000

Price-to-Earnings Ratio: 26.57

Dividend Yield: None

Beta: 5.81

EPS: 24.34

Shares Outstanding: 0.24

Public Float: 307,393,987,000

Book Value: 164.74

EBITDA: 0.56

P/E Ratio (Forward): 0.135

More about NVIDIA Corporation

NVIDIA Corporation is an American multinational technology company based in Santa Clara, California. It specializes in designing graphics processing units (GPUs) for the gaming and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive market.

Sector: Manufacturing, Semiconductors & Related Devices

Market Cap: $218.54 billion

Current Price: $73.52

Price Change: $0.16

Price/Earnings Ratio: 11.89

EPS (Earnings Per Share): $24.68

Dividend Yield: 0.488%

Revenue: $60.92 billion

Net Income: $1.003 billion

Return on Equity: 7.61%

Debt/Equity Ratio: 2.653

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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 14 Nov 24
 14 Nov 24
 14 Nov 24