CleanSpark, a Las Vegas-based bitcoin miner, is getting into the booming AI data center business, and rivaling big tech's power ambitions.

Microsoft said on Tuesday it has reached a deal with OpenAI to allow the ChatGPT maker to restructure itself into a public benefit corporation, following which Microsoft would hold a stake of about $135 billion - or 27% - in the AI startup.

Microsoft and OpenAI have agreed on a groundbreaking deal to restructure OpenAI into a public benefit corporation valued at $500 billion, allowing it to become publicly traded. Microsoft will acquire a 27% stake in OpenAI Group PBC.

So, the official answer is that Microsoft could announce a stock split on Oct. 29, when it releases first-quarter fiscal year 2026 (ending Sept. 30) earnings. However, there's no guarantee that it will. Even if Microsoft doesn't announce a stock split, there could be some news that triggers a positive reaction in the stock price.

The AI browser wars are heating up. Google has Gemini in Chrome, Perplexity is building its Comet AI browser, and The Browser Company just got acquired by Atlassian for $610 million. Now, Microsoft wants to be part of the AI browser conversation.

Microsoft and OpenAI have restructured their agreement, allowing OpenAI to potentially go public and fund its ambitious plans. This $500 billion company now operates as a public benefit corporation. Altman and Microsoft remain key players in AI's future,

Microsoft and OpenAI have renegotiated their collaboration. The partnership will be more flexible, giving both companies more freedom.

In a new interview, Microsoft CEO offered some rare comments on Xbox's gaming strategy, talking up the new console and musing on the death of the Xbox exclusive.

See why Microsoft Corporation’s AI strategy, cloud growth, and financials make it a top investment pick. Click for more on MSFT stock and its approaching earnings.

Microsoft's Xbox has experienced more hostility than normal over the last few weeks. Following widespread layoffs during the summer, Microsoft and other businesses increased the pricing of their products.