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Microsoft Corporation (MSFT)-Backed OpenAI Hits 1 Million Business Users, Analyst Downgrades MSFT Amid AI Competition

By Yahoo! Finance   |   Sep 27, 2024 at 02:35 PM EST
Microsoft Corporation (MSFT)-Backed OpenAI Hits 1 Million Business Users, Analyst Downgrades MSFT Amid AI Competition

A list of trending AI stocks includes Microsoft Corporation's position in the AI industry. Notable developments such as Safe Superintelligence's funding and Blackstone's acquisition of AirTrunk reflect the growing AI market. Analysts downgrade MSFT due to increased competition, impacting its premium valuation.

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