VIEW Wall Street reacts to Microsoft and OpenAI's new deal

Core Insights - Microsoft and OpenAI have reached a deal for OpenAI to restructure into a public benefit corporation, which values OpenAI at $500 billion [1] Group 1 - The restructuring will allow OpenAI to operate with a focus on public benefit while maintaining its innovative edge [1] - This deal signifies a strategic partnership between Microsoft and OpenAI, enhancing Microsoft's position in the AI sector [1] - The valuation of $500 billion reflects the growing importance and potential of AI technologies in the market [1]