ChainCatcher reported that according to Cointelegraph, according to a report submitted to the U.S. Securities and Exchange Commission (SEC) in July, Microsoft hopes that the federal government will regard its relationship with OpenAI as a frenemies (friends and enemies) rather than a true partnership.

In this 10-K form regular financial performance and status report, Microsoft declared OpenAI as its competitor in multiple paragraphs, and also claimed OpenAI as its "strategic partner" many times throughout the document.