Microsoft

Microsoft in Talks to Invest $10 Billion in ChatGPT-Owner Openai - Semafor

Microsoft Corp is in talks to invest $10 billion in ChatGPT-owner OpenAI as part of funding that will value the firm at $29 billion, Semafor reported on Monday, citing people familiar with the matter. The news underscores rising interest in the artificial intelligence company, whose chatbot has dazzled amateurs and industry experts with its ability […]

Microsoft to Invest in Autonomous Trucking Startup Gatik -Sources

Microsoft Corp is in advanced talks to invest in Gatik, a California-based autonomous driving startup, as part of its cloud partnership with the company, two people familiar with the discussions told Reuters. Microsoft plans to invest over $10 million in a financing round that values Gatik at more than $700 million, the sources added. As […]

Microsoft Aims for Ai-Powered Version of Bing - The Information

Microsoft Corp is in the works to launch a version of its search engine Bing using the artificial intelligence behind OpenAI-launched chatbot ChatGPT, The Information reported on Tuesday, citing two people with direct knowledge of the plans. Microsoft could launch the new feature before the end of March, and hopes to challenge Alphabet-owned search engine […]

Video Gamers Sue Microsoft in U.S. Court to Stop Activision Takeover

Microsoft Corp was hit on Tuesday in U.S. court with a private consumer lawsuit claiming the technology company’s $69 billion bid to purchase “Call of Duty” maker Activision Blizzard Inc will unlawfully squelch competition in the video game industry. The complaint filed in federal court in California comes about two weeks after the U.S. Federal […]

Australia Takes Aim at Apple, Microsoft over Child Protection Online

An Australian regulator, after using new powers to make the tech giants share information about their methods, accused Apple Inc and Microsoft Corp not doing enough to stop child exploitation content on their platforms. The e-Safety Commissioner, an office set up to protect internet users, said that after sending legal demands for information to some […]

Microsoft Targets Internet Expansion in Africa, Longer-Term Cloud Adoption

Microsoft Corp aims to secure internet access for 100 million more people in Africa by 2025, teaming up with a satellite provider and setting the stage for longer-term cloud adoption, its President Brad Smith told Reuters. The software maker has long pushed to bring more people online, playing the role of facilitator among telecoms and […]

Microsoft to Buy 4% Stake in London Stock Exchange

Microsoft is to take a 4 percent equity stake in London Stock Exchange Group as part of a 10-year commercial deal to migrate the exchange operator’s data platform into the cloud, the British company said on Monday. It is the latest sign of deepening ties between financial services providers and a handful of big global […]

HP to Cut About 12 Percent Jobs by End of Fiscal 2025

HP Inc said on Tuesday it expects to cut up to 6,000 jobs by the end of fiscal 2025, or about 12 percent of its global workforce, at a time when sales of personal computers and laptops are sliding as shoppers tighten budgets. The PC maker also forecast a lower-than-expected profit for the first quarter […]

Amazon Lays off Some Devices Unit Staff as It Targets 10,000 Cuts

Amazon.com Inc on Wednesday said it has laid off some employees in its devices group as a person familiar with the company said it still targeted around 10,000 job cuts, including in its retail division and human resources. The announcement, Amazon’s first since media outlets including Reuters reported its layoff plans on Monday, heralded a […]