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Microsoft declares OpenAI both ‘strategic partner’ and ‘competition’ in SEC filing

Microsoft declares OpenAI both ‘strategic partner’ and ‘competition’ in SEC filing

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Source: Coin Telegraph

The two companies face antitrust probes in the US and EU over their partnership.

Microsoft wants the feds to view its relationship with OpenAI as more of a frenemies (friends and enemies) situation than a real partnership, judging by a report filed with the SEC in July. 

In the filing, a form 10-K periodic financial performance and conditions report, Microsoft declared OpenAI as its rival in several passages while also stating numerous times throughout the document that OpenAI was its “strategic partner.”

Interestingly, Microsoft cites dozens of rivals and “intense competition across all markets” in its statements on competition. These include companies ranging from Apple to Nintendo as well as several software and coding organizations.

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Author: Tristan Greene