Microsoft Corp. is still suffering from a computing capacity crunch despite massive spending on data centers, a scenario that weighed on the company’s closely watched Azure cloud unit.

Microsoft has pulled this off while relaxing its grip on Open AI by, for instance, letting it use alternative sources of computing power so long as it asks first. On October 28th Microsoft loosened the setup once again,

The company’s A.I. offerings are driving “real-world impact,” Satya Nadella, Microsoft’s chief executive, said in a statement. “It’s why we continue to increase our investments in A.I. across both capital and talent to meet the massive opportunity ahead.”

The AI tool will help researchers accelerate the pace of their analysis and discover patterns it would take humans a long time to find on their own.

Microsoft and OpenAI unveil a deal extending IP rights, adding independent AGI verification, and giving both sides more freedom while maintaining Azure ties.

Microsoft's recent cloud-computing performance reflects that the company has been picking up market share at the expense of hyperscale rivals, according to Cantor Fitzgerald analyst Thomas Blakey. That's mainly driven by the company's artificial-intelligence advantages,

Its ascent punctuates a big turnaround from earlier this year, when analysts were less bullish on the company. Apple has become the third company to see its market capitalization top $4 trillion, underscoring its role as one of the leading publicly traded tech companies and making it the second-most valuable company in the world.

Microsoft and Apple are now worth over $4 trillion apiece and are helping drive the Dow, S&P 500 and Nasdaq Composite to record levels as investors embrace the new iPhone and AI.