Microsoft's industry dominance hits new heights with a $3 trillion market cap, propelled by the influence of AI.
Hackers linked to Russia's intelligence service broke into email accounts of senior Microsoft executives, according to a regulatory filing available Friday.
Nadella's flexibility as a corporate leader was evident from the fact that as the CEO of Microsoft, one of his first tasks was to steer the completion of its $7.2 billion acquisition of the mobile business unit of Nokia Corp, a buy that he had resisted internally!
On Forbes' real-time billionaires' list, Melinda Gates is 185th as of Dec. 27. Melinda had enough firepower in her to navigate through the fresh philanthropic and financial landscape after her separation from her billionaire husband.
The New York Times sued ChatGPT-maker OpenAI and Microsoft in a US court on Wednesday, alleging that the companies' powerful AI models used millions of articles for training without permission.
In what could be the first major legal salvo fired between traditional journalism and the emerging technology of artificial intelligence, The New York Times filed a lawsuit against Microsoft and OpenAI on Wednesday.
Though past performance isn't a guarantee for future performance, as the usual Wall Street disclaimer goes, there is a good reason to believe that the Magnificent Seven will continue to outperform the market for many more years.
The employees are also demanding the resignation of the entire board of OpenAI.
The surge happened after Microsoft CEO Satya Nadella announced Altman will not go back to OpenAI but will work at a new AI unit of the tech giant, along with Brockman, who resigned after Altman's ouster.
By recruiting former OpenAI CEO Sam Altman following his surprise ouster by ChatGPT's parent company, Microsoft is hiring a tech industry star at the forefront of the artificial intelligence revolution.
OpenAI's board sacked Altman on Friday, with US media citing concerns that Altman was underestimating the dangers of its tech and leading the company away from its stated mission -- claims his successor as CEO has denied.
The project is currently in the works with a staggering 2 trillion parameters, potentially positioning it as one of the most robust models in the making, sources familiar with the matter reportedly said.
Both companies are undervalued when the EVA growth of the two companies is compared to the growth in their market capitalization.
Whether they sell smartphones, ads or computer chips, the heavyweights of Silicon Valley have everything to prove to investors looking to see who is best placed in the race to dominate the generative artificial intelligence market.
Meta, Alphabet and Microsoft are among companies reporting earnings; new home sales and pending home sales will be released.
The US Internal Revenue Service is asking that Microsoft pay a whopping $29 billion in unpaid taxes from 2004 to 2013, the company said in an official filing on Wednesday.
Aside from support for the crypto wallet and its possible integration in the gaming console, no other details have been revealed.
Microsoft will unbundle its Teams communications from its popular Office suite in an attempt to assuage EU antitrust concerns, the company said Thursday.
Microsoft will provide more information on targeted adverts and protect users against any new risks from artificial intelligence, the company vowed Friday, as stringent EU rules on tech platforms enter into force.
Aptos leverages Microsoft's infrastructure to launch new offerings that combine blockchain and AI technology, along with a new chatbot dubbed Aptos Assistant.
Artificial Intelligence (AI) is the next big thing that promises to change the world and bring new fortunes to Wall Street.
The European Commission on Thursday announced an antitrust probe into Microsoft bundling its Teams communications app with its popular Office suite, on concerns the firm could be cutting out competitors.