Microsoft made its first investment in Sam Altman's OpenAI in 2019. It now holds a 27% in OpenAI's for-profit business.

Microsoft and OpenAI announced the long-awaited details of their new partnership agreement Tuesday morning — with concessions on both sides that keep the companies aligned but not in lockstep as they move into their next phases of AI development.

Microsoft reports earnings on Wednesday, and analysts see the potential for further acceleration in its cloud business as well as major benefits from a Windows refresh cycle.

OpenAI established a for-profit arm valued at $500 billion Tuesday, doing so through a long-anticipated corporate restructure that provides Microsoft with a large stake in the new company as it looks to expand on its rapidly expanding artificial intelligence offerings.

You can also open View > Navigation Pane, click Pages, and delete the unwanted one directly. Press Command + 8 to reveal formatting marks, select everything on the blank page, and press Delete.

Microsoft has added powerful no-code tools to Copilot, enabling Microsoft 365 users to build apps, automate workflows, and create AI agents using natural language — transforming office workers into software creators.