Core Insights - Microsoft and OpenAI have signed a new agreement where OpenAI will purchase an additional $250 billion worth of Azure services [1] - Microsoft will no longer have the preferential option to be OpenAI's computing provider, allowing OpenAI to collaborate with third parties [1] - OpenAI can now develop products jointly with third parties, while API products will remain exclusive to Azure, and non-API products can be deployed on any cloud platform [1] - Microsoft supports the establishment of a public benefit corporation by OpenAI, holding an investment stake valued at approximately $135 billion in OpenAI's public benefit corporation [1]