Microsoft will no longer have exclusive access to OpenAI's artificial intelligence models and products, a significant change that would allow the startup to sell its technology across rival cloud platforms including Amazon and Google.
Shares of Microsoft tumbled nearly 3% after the announcement on Monday, while Alphabet and Amazon gained slightly.
Under the reworked partnership, Microsoft will remain OpenAI's primary cloud partner and have a license to OpenAI intellectual property through 2032.
The Windows maker has emerged as a major player in the artificial intelligence race in recent years thanks to its early bet and access to technology from the ChatGPT creator.
