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Microsoft now lists OpenAI as a competitor.

CNBC spotted the update this week in Microsoft’s risk factors with the SEC. These are managed by lawyers to help shield companies from shareholders lawsuits and generally pretty conservative. Still, the change feels like a sign of how OpenAI and its largest investor are drifting apart.

Relatedly, I couldn’t help but notice the number of times Microsoft execs mentioned OpenAI during their earnings call this week: zero.