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Microsoft Values $135 Billion Stake in OpenAI as Firms Face Legal Pressure

Microsoft has restructured its partnership with OpenAI, valuing its stake at $135 billion. The revised agreement allows OpenAI to collaborate with outside developers and release open-weight models while maintaining Microsoft as its exclusive partner for frontier models until 2032. This change comes amid legal scrutiny, including an antitrust lawsuit accusing Microsoft of using its Azure dominance to manipulate ChatGPT pricing. OpenAI is transitioning into the OpenAI Group PBC, which is controlled by CEO Sam Altman and board chair Bret Taylor. As part of this agreement, OpenAI will continue to allocate approximately 20% of its revenue to Microsoft until artificial general intelligence (AGI) is recognized. Additionally, OpenAI has committed to purchasing $250 billion in Azure services but will no longer exclusively source all computational resources from Microsoft. The partnership began in 2019, and the latest updates reflect both companies' efforts to adapt to changing market conditions and legal challenges while enhancing collaboration.

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Fed Rate Cut Today? BTC, SOL, ADA, XRP, DOGE Slide Ahead of FOMC Meeting

Bitcoin hovered near $113,000 as traders positioned cautiously ahead of the Federal Reserve's policy decision. The FOMC meeting on October 28–29 is expected to result in a 25 basis point cut to benchmark rates, impacting cryptocurrency and risk markets. Bitcoin has remained resilient amid tightening liquidity

Ether Price Analysis: ETH Holding Above $4K, Arkham Says 'BitMine Is Buying the Dip'

Ether closed near $4,022.71, up 0.98%, after demonstrating resilience around the $4,000 level, with trading volume exceeding the seven-day average by 35%. Arkham reported that BitMine withdrew approximately $113 million of ETH from Bitgo, indicating a strategy of buying the dip. Bitmine Immersion Technologies disclosed that

XRP Price Analysis: Ripple Trades Higher on Big Flows, Yet Technical Setup Signals Caution

XRP rose by 0.60% to $2.623 as its trading volume surged 47% above the seven-day average, reflecting growing institutional interest. While this bullish behavior is noted, XRP continues to face resistance near $2.68, with many analysts suggesting a consolidation phase is imminent. The support level around $2.

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