Microsoft: OpenAI is both a strategic partner and a competitor
ChainCatcher news, according to a report by Cointelegraph, based on a filing submitted to the U.S. Securities and Exchange Commission (SEC) in July, Microsoft hopes the federal government will view its relationship with OpenAI as a frenemy relationship (both friend and foe), rather than a true partnership.
In this 10-K form periodic financial performance and condition report, Microsoft claims in several paragraphs that OpenAI is its competitor, while also repeatedly stating throughout the document that OpenAI is its "strategic partner."
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