Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence.

Microsoft and OpenAI unveil a deal extending IP rights, adding independent AGI verification, and giving both sides more ...

Microsoft Corp. once again surpassed $4 trillion in valuation, joining artificial intelligence chipmaker Nvidia in the ...

Uncertainty around Microsoft's future relationship with OpenAI had been a cloud over the stock until the companies announced ...

The new agreement values Microsoft’s 27% stake at $135 billion and extends its IP rights through 2032, giving Microsoft ...

The startup’s conversion clears an obstacle for a potential IPO and gives Microsoft a 27% stake in the new public-benefit ...

In a press release, Microsoft opened a window on how much it has invested in OpenAI. It also offers a look at the AI ...

OpenAI said it has reorganized its ownership structure and converted its business into a public benefit corporation.

The new arrangement solidifies OpenAI's position as a profit-seeking enterprise, ending nearly a year of restructuring discussions that had drawn scrutiny from regulators and investors. Under ...

Microsoft’s ($MSFT) updated restructuring deal with OpenAI (PC:OPAIQ), which will see the U.S. tech heavyweight take a 27% ...

The ACCC said the maximum penalty that could be imposed on a company for each breach of Australian consumer law was the ...

Under the new pact, Microsoft will get a 27% ownership stake in OpenAI worth about $135 billion, the companies said in a ...