Microsoft and OpenAI Just Changed the Rules — Hours Before Earnings
This morning, Microsoft and OpenAI rewrote their landmark deal — OpenAI can now sell its products across any cloud provider, and Microsoft drops its revenue share obligation. The timing? Hours before both companies report earnings tonight. We break down what changed, what it means for Azure, and what Wall Street is really looking for when Meta and Microsoft report after the bell. Plus: Adobe just rebuilt its entire enterprise platform around AI agents.
The skinny
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