# Microsoft's OpenAI Deal Has a Loophole Big Enough to Drive Through

- slug: microsofts-openai-deal-has-a-loophole-big-enough-to-drive-through
- date: 2026-03-24
- category: Artificial Intelligence

When OpenAI filed an investor document in March 2026, it listed Microsoft as a concentration risk — the company responsible for a substantial portion of OpenAI's financing and compute, and a potential cause of adverse business outcomes if the relationship frays.

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