$Microsoft(MSFT)$ Microsoft has agreed to pay AI startup Inflection about $650 million in cash in an unusual deal that would allow Microsoft to use Inflection's models and hire most of the startup's staff including its co-founders, a person familiar with the matter told Reuters on Thursday. The high-profile AI startup's models will be available on Microsoft's Azure cloud service, the source said. Inflection is using the licensing fee to pay Greylock, Dragoneer and some other investors, the source added, saying the investors will get a return of 1.5 times what they invested. Microsoft hired Inflection co-founders Mustafa Suleyman and Karen Simonyan on Tuesday, along with most of the 70-person team at the AI f
Microsoft AI Event: Hit New High or Already Priced-in?
The March 21st “new era of work” event is targeted at Microsoft’s business customers and will feature new Surface Pro 10 and Surface Laptop 6 devices for businesses. ----------------- How do you expect this AI event? Will Microsoft hit new highs? Or the event has already been priced in and fall after the event?
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