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OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue
06:29pm, Friday, 27'th Sep 2024
CNBC has confirmed that OpenAI expects about $5 billion in losses on $3.7 billion in revenue this year — figures first reported by The New York Times. Revenue is expected to jump to $11.6 billion ne
Microsoft Will Overcome Capacity Constraints For AI Training And Inferencing
05:51pm, Friday, 27'th Sep 2024
Microsoft Corporation is accelerating data center capacity to catch up to AI demand, partnering with Oracle and other hyperscalers to offset some of the pressure. FY24 capital investments increased by
Constellation Energy's Nuclear Deal With Microsoft Is a Home Run
12:09pm, Friday, 27'th Sep 2024
Constellation Energy CEG has been amongst the hottest stocks in the market in 2024, with its shares up 125%. Those aren't the types of returns people usually associate with utility companies in suc
Calian collaborates with Microsoft to offer scalable cloud-native cybersecurity solutions
07:05am, Friday, 27'th Sep 2024
OTTAWA, Ontario, Sept. 27, 2024 (GLOBE NEWSWIRE) -- With only days until Cybersecurity Awareness Month, Calian Group Ltd.
Sam Altman tells OpenAI employees he hasn't received 'giant equity stake' in company
07:07pm, Thursday, 26'th Sep 2024
At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied reports that he received a "giant equity stake" in the company. OpenAI Chairman Bret Taylor told CNBC that the board has talked about giv
INVESTIGATION ALERT: Levi & Korsinsky, LLP Investigates Microsoft/Xbox (NASDAQ: MSFT) Video Game Pur
12:15pm, Thursday, 26'th Sep 2024
NEW YORK, NY / ACCESSWIRE / September 26, 2024 / Levi & Korsinsky, LLP is investigating potential claims on behalf of individuals who purchased video games through the Microsoft/Xbox website. Reports
Microsoft to make $2.7 billion cloud, AI investments in Brazil
11:20am, Thursday, 26'th Sep 2024
Microsoft on Thursday pledged to invest 14.7 billion reais ($2.70 billion) in Brazil over three years to enhance its cloud infrastructure and artificial intelligence (AI) in Latin America's largest ec
Microsoft's Nuclear Deal Signals A Trend Change; S&P 500 Utility Stocks Rally
09:58am, Thursday, 26'th Sep 2024
Microsoft and Constellation Energy just inked a 20-year nuclear energy deal.
Constellation Energy's Nuclear Deal With Microsoft Is a Home Run
09:21am, Thursday, 26'th Sep 2024
Constellation Energy NASDAQ: CEG has been amongst the hottest stocks in the market in 2024, with its shares up 125%. Those aren't the types of returns people usually associate with utility companies
How OpenAI's Plan to Become 'For Profit' Could Help It Raise Money From Apple, Microsoft, Nvidia
06:43am, Thursday, 26'th Sep 2024
OpenAI intends to become a for-profit public-benefit corporation, The Wall Street Journal reported, citing people with knowledge of its plans.
Google Cloud exec says Microsoft is in violation of EU antitrust laws
01:50am, Thursday, 26'th Sep 2024
Amit Zavery, head of platforms for Google Cloud, discusses the tech giant's antitrust complaint alleging Microsoft harms competition in the multibillion-dollar cloud computing industry.
Microsoft's Nuclear Deal Could Spark New Market for AI Power
05:33pm, Wednesday, 25'th Sep 2024
Microsoft has ignited a potential new energy market by signing a 20-year agreement to reactivate the dormant Three Mile Island nuclear plant in Pennsylvania. The move marks the first time a major te
Google Accuses Microsoft of Anticompetitive Cloud Practices
03:55pm, Wednesday, 25'th Sep 2024
Microsoft (MSFT) is facing antitrust accusations about its cloud strategy from tech rival Alphabet's (GOOGL) Google division.
Google's EU complaint puts Microsoft's cloud business under the microscope
02:57pm, Wednesday, 25'th Sep 2024
CNBC's Deirdre Bosa with the latest on Google's EU complaint against Microsoft and its cloud computing services.
Microsoft Wants Nuclear Power So Bad for AI That It's Paying Double, Experts Say
12:42pm, Wednesday, 25'th Sep 2024
Tech firms are willing to spend big to power the massive data centers they use to run artificial intelligence applications.
