MarketWatch First Take: OpenAI saga shakes up the Big Tech AI battle

It might be easy to conclude from the past four days of Silicon Valley’s ongoing soap opera at OpenAI that Microsoft Corp. is set to emerge as the victor in artificial intelligence, ready to quash all rivals, large and small.

Microsoft MSFT has seemingly gained the most from the abrupt ouster of OpenAI Chief Executive Sam Altman and then his hiring by CEO Satya Nadella. After all, Microsoft owns an approximate 49% stake in OpenAI’s for-profit entity. It also is said to have a perpetual license to OpenAI’s intellectual property,…

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