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OpenAI's GPT 5.6 named 'preferred model' for Microsoft 365 Copilot amid cost-cutting shifts.

Market News
09 Jul 2026
TechCrunch
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Neutral
OpenAI's GPT 5.6 named 'preferred model' for Microsoft 365 Copilot amid cost-cutting shifts.

OpenAI announced that its GPT 5.6 model will be the "preferred model" powering Microsoft's 365 Copilot suite, including Word, Excel, and PowerPoint. This comes amid reports that Microsoft is increasingly using its own in-house AI models to reduce costs. While Microsoft has been integrating its MAI models, OpenAI's statement clarifies that their software remains central to Microsoft's productivity apps. The announcement aims to ease concerns about a potential split between the two companies, reaffirming their ongoing partnership in AI development.

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Amazon ends NDAs in data center deals amid AI infrastructure backlash

Amazon ends NDAs in data center deals amid AI infrastructure backlash

Amazon announced it will stop using non-disclosure agreements (NDAs) when negotiating data center deals with local governments. This move follows Microsoft’s similar decision earlier this year and responds to community opposition against AI infrastru...

Market News
Neutral
13 hours ago
Amazon ends NDAs in data center deals amid AI infrastructure backlash; startups push AI agents with credit card access.

Amazon ends NDAs in data center deals amid AI infrastructure backlash; startups push AI agents with credit card access.

Amazon has decided to stop using non-disclosure agreements (NDAs) when negotiating data center deals with local governments, following Microsoft's similar move. This shift comes as secrecy around AI infrastructure has sparked community opposition, re...

Market News
Neutral
13 hours ago
$10K in Vanguard Tech ETF on ChatGPT launch grew to $30.5K, beating QQQ's $26.1K over nearly 4 years.

$10K in Vanguard Tech ETF on ChatGPT launch grew to $30.5K, beating QQQ's $26.1K over nearly 4 years.

A $10,000 investment in the Vanguard Information Technology ETF (VGT) on the day ChatGPT launched in November 2022 has grown to $30,482 with dividends reinvested, outperforming the Invesco QQQ Trust (QQQ), which grew to $26,095 over 3.85 years. The k...

Market News
Bullish
14 hours ago
Trump bought $1-5M in SpaceX bonds days before signing order boosting US space industry.

Trump bought $1-5M in SpaceX bonds days before signing order boosting US space industry.

President Donald Trump purchased $1-5 million in SpaceX bonds just two days before signing a major order to accelerate the U.S. commercial space industry. The order aims to increase launch and reentry operations in the U.S. to over 1,000 annually by ...

Market News
Bullish
18 hours ago
India condemns US VP Vance's remarks on H-1B visa holders as offensive amid visa suspensions for Indian IT firms

India condemns US VP Vance's remarks on H-1B visa holders as offensive amid visa suspensions for Indian IT firms

India has officially condemned US Vice President J.D. Vance's comments describing Indian H-1B visa holders as "foreign indentured servants," calling the remarks deeply offensive and rooted in painful colonial history. Vance criticized companies like ...

Market News
Bearish
20 hours ago
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