Microsoft's reported job cuts & OpenAI beef: What to know

Microsoft (MSFT) is reportedly planning to cut thousands of jobs, according to Bloomberg. Yahoo Finance Tech Editor Dan Howley outlines the latest, including how the tech giant's hefty artificial intelligence (AI) spending, notably its multibillion-dollar partnership with OpenAI (OPAI.PVT), could intensify the need to cut costs. This comes amid reported turmoil between Microsoft and OpenAI. The Wall Street Journal reports that the ChatGPT maker has considered pushing for an antitrust case against its partner, while the Financial Times reports that Microsoft is ready to walk away from the deal. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.