UNCOVERED: Openai lists dependence on microsoft as a risk msft should perhaps say the same | History Defined

In an investor document that looks quite similar to draft IPO filings, OpenAI listed dependence on Microsoft (MSFT) as among the key risk factors. The document listed several other risk factors, including a possible global chip shortage and ongoing litigation, including the one from Elon Musk. Let's take a closer look at Microsoft and examine why the mutual dependence is a risk for both companies. 

In its investor document, OpenAI wrote, “If Microsoft modifies or terminates its commercial partnership with us, or if we are unable to successfully diversify our business partners, our business, prospects, operating results and financial condition could be adversely affected.”