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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