Google (GOOGL) Gains as OpenAI Partners with Google Cloud

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Jun 10, 2025
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Google (GOOGL, Financial) shares rose over 2% to $179.7, while Microsoft decreased by about 0.8% to $469. OpenAI plans to collaborate with Google Cloud, a subsidiary of Alphabet, to address its growing computing needs. Sources indicate that discussions began months ago, and the agreement was finalized in May. This partnership highlights OpenAI's demand for a diversified supply chain and signifies its move to reduce reliance on its major supporter, Microsoft.

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