Hedge fund TCI has sharply reduced its large stake in Microsoft (NasdaqGS:MSFT), citing concerns about AI driven disruption risks. Court filings in the Elon Musk v. OpenAI case revealed new details of Microsoft's OpenAI partnership, including a hard cap on revenue sharing and a shift to non exclusive terms. Microsoft CEO Satya Nadella testified in the trial, outlining the company’s AI ambitions, its expectations around OpenAI related economics, and how the partnership fits into Microsoft’s...