Just a decade ago, the world's biggest tech beast was a relative minnow. Microsoft had become notorious for disappointing product launches, stagnant innovation, and losing top talent. The first true software giant was becoming a big tech dinosaur. Fast forward to 2024 and Microsoft is the planet's most valuable business. Under the leadership of CEO Satya Nadella, stock has soared by over 1,000% in 10 years. In January, the company reached a $3 trillion market cap — larger than the whole GDP...
The European Commission reportedly decided against a formal investigation into Microsoft’s $13 billion investment in OpenAI, which allayed concern the partnership would be unwound under merger regulation.
The European Union will reportedly not launch a formal investigation into the relationship between Microsoft and OpenAI because it feels Microsoft's dealings with OpenAI is not considered a takeover
Biden administration hopes funding will spur enduring cuts to planet-heating emissions no matter who is in White HouseAmid rising global temperatures and a looming election against an opponent who has indicated he will gut his climate policies, Joe Biden’s administration is shoveling billions of dollars into efforts it hopes will spur enduring cuts to planet-heating emissions, no matter the occupant of the White House.In recent weeks, large tracts of funding has been announced by the...
Microsoft plans to invest $1.5 billion in G42, an artificial intelligence firm in the United Arab Emirates, the New York Times reported on Tuesday. G42 had divested its investments in China and began the lengthy task of pulling out Chinese hardware amid U.S. concerns over its relationship with Chinese businesses. Under the partnership, G42 will use Microsoft's cloud services and accede to a security arrangement negotiated in detailed conversations with the U.S. government, the newspaper said....
Microsoft and Google, in collaboration with Thorn and All Tech Is Human, have announced new child safety commitments for generative AI features in their various AI software products.
ChatGPT developer OpenAI opened its first Asian office in Tokyo, Japan as the company aims to expand its global presence.
According to a new report, Microsoft made a proposal to the US Department of Defense for them to use OpenAI's DALL-E generative AI art maker to create images for military training purposes.
Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in more than $40 billion, with Lido Finance holding $28.77 billion of that sum. Staking Captures 27% of Ethereum Supply; […]
OpenAI chief executive Sam Altman has hosted hundreds of Fortune 500 company executives in San Francisco, New York and London this month where he and other OpenAI executives pitched AI services for corporate use, going head to head in some cases with financial backer Microsoft, attendees told Reuters. The roadshow-like events illustrate how the company credited with sparking the explosion of generative artificial intelligence with its consumer offering, is looking to grow new sources of revenue...
Microsoft said Tuesday that it will invest $1.5 billion in G42, a leading United Arab Emirates AI firm.
Microsoft has announced a new five-year deal with The Coca-Cola Company, which plans to spend a total of $1.1 billion during that time to access Microsoft's cloud and generative AI services.