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In 50 Words: Microsoft hits $2.59 trillion cap on AI tech, OpenAI investment
Microsoft’s shares reached a record high, with a market capitalization of US$2.59 trillion, amid optimism about the company’s adoption of AI technology and its investment in OpenAI, including the popular ChatGPT chatbot. The company’s shares closed up 3.2% at US$348.1 per share on Thursday.
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