Microsoft Stock News

Microsoft's early-mover advantage in AI has been a tailwind for the company in multiple areas. There has been a spurt in demand for Oracle's cloud infrastructure to train AI models, paving the way for impressive long-term growth.

Apple "fell out" of talks to invest in OpenAI's next funding round, The Wall Street Journal reported. The ongoing funding round, which could value OpenAI at $150 billion, could raise up to $6.5 billion.

Apple has left negotiations to participate in an OpenAI funding round expected to raise about $6.5 billion, the Wall Street Journal said on Friday.

Company behind ChatGPT is aiming to raise around $6.5 billion in funding set to close next week.

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 next year, a source with knowledge of the matter confirmed.

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 58% to $44.5 billion, primarily for data centers, CPUs, and GPUs, with further increases expected in eFY25 and eFY26. Power constraints and sourcing base load capacity are critical challenges and ...

OTTAWA, Ontario, Sept. 27, 2024 (GLOBE NEWSWIRE) -- With only days until Cybersecurity Awareness Month, Calian Group Ltd.

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 giving Altman a stake, but no specific figures have been discussed.