KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
When Microsoft backed OpenAI in late 2022, it instantly reshaped the AI landscape. Exclusive access to frontier models and deep integration across Azure and Office gave Microsoft a decisive head start while rivals scrambled to respond. Two years on, that edge looks less obvious — and investors are starting to ask whether Microsoft is losing its AI advantage. But that framing may be misleading. Why the Market Is Getting Nervous The AI ecosystem has undeniably become more crowded. Microsoft has expanded its exposure to Anthropic , while OpenAI has diversified its computing needs across Oracle , Google , and Amazon . That has diluted the optics of exclusivity — but it has also: Reduced concentration risk Increased strategic flexibility Reflected a fast-evolving AI infrastructure market The real flashpoint came with earnings. Microsoft reported US$37.5 billion in capex , above expectations, triggering a sharp selloff despite...