This is Tech Crunch.

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I'm in Ron Shake and get ready because it's time for your daily crunch for Friday starting with three big headlines.

Bowing's lost another $125 million on its Starline or astronaut capsule program due to delays in its first

crewed flight test which was supposed to last just eight days and has now been

on orbit for almost two months. The aerospace giant has lost

$1.6 billion on Starliner, including the $125 million, which was reported to

regulators and a quarterly filing.

While the company was awarded a massive $4.2 billion contract to accelerate Starliner development in 2014,

it was structured as a fixed price model.

That means any cost overruns are solely the contractor's responsibility.

It's likely that Boeing will incur further losses in the program.

NASA has already said it would push back the first Starliner mission

to no earlier than August 2025,

yet another delay for the program.

In an absolute worst case scenario,

major modifications to Staryliner's propulsion system could be very costly.

Microsoft has a long entangled history with open AI, having invested a reported $13 billion in the

chat geeptemaker as part of a long-term partnership.

As part of the deal, Microsoft runs open AIs models across its enterprise and consumer products

and is Open AIs exclusive cloud provider.

However, the tech giant called the startup a competitor for the first time in an SEC filing on Tuesday.

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