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Jon Keegan

Microsoft is pushing Copilot, but everyone just wants ChatGPT

Microsoft’s pitch to sell its Copilot AI chatbot to enterprise customers is facing some stubborn resistance: people have used ChatGPT and they just like it more.

According to a new report from Bloomberg, Microsoft’s sales team is having a hard time convincing companies why they should use Copilot over partner OpenAI’s ChatGPT, which share the same underlying models.

While Copilot is sometimes cheaper, and more tightly integrated into Microsoft’s productivity workhorses like Word, Excel, and Teams, companies are often using ChatGPT instead, and this might be increasing tensions in an already tense partnership.

OpenAI has said it has 3 million paying enterprise customers, and that number is growing fast. Microsoft told employees that “multiple dozens” of customers have over 100,000 paying users, which would work out to a floor of 2.4 million paying Copilot licenses, but the company hasn’t shared an exact figure.

But Microsoft has a deep, broad business and long-term relationships with enterprise customers, which might give it an edge in the long run.

Today, Microsoft shares hit an all-time high of $491.76.

While Copilot is sometimes cheaper, and more tightly integrated into Microsoft’s productivity workhorses like Word, Excel, and Teams, companies are often using ChatGPT instead, and this might be increasing tensions in an already tense partnership.

OpenAI has said it has 3 million paying enterprise customers, and that number is growing fast. Microsoft told employees that “multiple dozens” of customers have over 100,000 paying users, which would work out to a floor of 2.4 million paying Copilot licenses, but the company hasn’t shared an exact figure.

But Microsoft has a deep, broad business and long-term relationships with enterprise customers, which might give it an edge in the long run.

Today, Microsoft shares hit an all-time high of $491.76.

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Musk: xAI to build 500-megawatt data center in Saudi Arabia with Humain using Nvidia GPUs

Today in Washington, DC, Elon Musk announced that xAI is developing a 500-megawatt AI data center in Saudi Arabia in partnership with Humain — the country’s state-owned AI company — using Nvidia chips.

Competitors OpenAI and Anthropic are also turning to access the vast stores of capital available from Middle East investors to fund their colossal data center plans.

In an awkward moment, Musk briefly appeared confused if the deal was for 500 megawatts or 500 gigawatts, pausing only to have Nvidia CEO Jensen Huang jump in and confirm it was for 500 megawatts.

Laughing off the gaffe, Musk joked about the cost of such a large project, saying, “That’ll be eight bazillion trillion dollars.”

In an awkward moment, Musk briefly appeared confused if the deal was for 500 megawatts or 500 gigawatts, pausing only to have Nvidia CEO Jensen Huang jump in and confirm it was for 500 megawatts.

Laughing off the gaffe, Musk joked about the cost of such a large project, saying, “That’ll be eight bazillion trillion dollars.”

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Google soars on positive reception for Gemini 3

Google is surging today, on track for its third-biggest daily gain this year, after its release of Gemini 3 on Tuesday.

The latest update to its flagship model includes significant improvements to reasoning, agentic tasks, and “vibe coding,” and is currently topping the leaderboards on LMArena for text, web development, and vision.

Gemini is currently No. 2 in Apple’s free App Store, right behind ChatGPT.

AI Chatbots are also increasingly gaining favor as replacements for traditional web search, a multibillion-dollar business that Google has owned for decades. Beyond just chatbots, Gemini’s performance is crucial to Google’s future success as the company embeds its AI models across its products and relies on them to generate new revenue from existing lines — particularly by driving growth in Cloud and reinforcing its ad and search dominance.

The stock was recently up 5.6% amid a generally green day for tech stocks.

Google has been on a tear lately, after posting Q3 revenue and earnings that blew past expectations. On Friday, the stock jumped after Warren Buffett’s Berkshire Hathaway revealed a $5.1 billion stake and after the company announced a $40 billion investment in Texas data centers.

Google has been by far the best performer of the Magnificent 7 stocks this year, up nearly 60% in 2025. The next best is Nvidia, which is up 39%, followed by Microsoft, which is up 17%.

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Report: xAI raising $15 billion for a $230 billion valuation

xAI is looking to raise $15 billion at a $230 billion valuation, according to a report from The Wall Street Journal.

xAI is still burning through cash as it races to build its Colossus 2 data center in Tennessee. Last month, it was reported that the company needs to spend $18 billion to purchase another 300,000 Nvidia GPUs.

For all that cash, xAI is still in third place when it comes to its Grok chatbot. A September report found that Grok had only 64 million monthly users, compared to ChatGPT’s 800 million weekly users.

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