Microsoft Corp (NASDAQ:MSFT) is off 2.1% to trade at $530.40, despite the 'Magnificent 7' name reporting fiscal first-quarter earnings beat of $3.72 per share on revenue of $77.7 billion. Operating ...
Microsoft CEO Satya Nadella faced pushback even from the company’s cofounder and original CEO Bill Gates, he recalled during ...
OpenAI eyes a $1T IPO by 2027, reshaping AI markets and testing Microsoft’s $270B stake amid rising competition.
OpenAI hasn’t formally committed to an IPO, but CEO Sam Altman, in a livestream broadcast discussing the new structure, said ...
Score one for human beings in the ongoing battle between authors and generative AI models.
In late 2024, OpenAI, still recovering from the aftershock of the brief, messy ousting of Sam Altman, initiated what it hoped ...
Microsoft's AI infrastructure spending to meet growing cloud services demand is outpacing Wall Street expectations, deepening ...
However, Microsoft revealed a major drop in profit due to what it termed was an “equity method investment” in OpenAI Group ...
OpenAI announced Tuesday that it had completed a tumultuous corporate restructuring effort, simplifying a complex ownership ...
The shift establishes a nonprofit foundation overseeing a for-profit corporation, allowing the world’s most valuable startup ...
Microsoft and OpenAI unveil a deal extending IP rights, adding independent AGI verification, and giving both sides more ...
Microsoft could also work with one or many of OpenAI’s own competitors in its race to hit AGI. Last month, Microsoft began ...