OpenAI strikes new deal with Microsoft
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We’re like, ‘Show us a picture of a senior leadership team from Chanel visiting Microsoft’—it is all men in suits,” she said. Nair’s Silicon Valley trip also included a visit to Google and other tech firms—part of Chanel’s push into AI investment,
Q1 earnings beat expectations with $77.7B revenue but shares fall 2% on OpenAI costs and surging AI infrastructure spending concerns.
Microsoft made its first investment in Sam Altman's OpenAI in 2019. It now holds a 27% in OpenAI's for-profit business.
9hon MSN
Microsoft takes a $3 billion plus hit to its net income, and the reason is ChatGPT-maker OpenAI
Microsoft reported strong quarterly earnings, with net income reaching $27.7 billion despite a $3.1 billion drag from its OpenAI investment. CEO Satya
Microsoft's AI infrastructure spending to meet growing cloud services demand is outpacing Wall Street expectations, deepening investor fears about the costs of sustaining the boom.
The image generated by ChatGPT to represent her team didn't reflect Chanel's workforce, which is 76% women, including the CEO.
Microsoft CEO Satya Nadella said the company is staying responsible with AI investments through fungible assets applicable to a variety of purposes.
ChatGPT is introducing a "Company knowledge" feature, allowing it to access and reason over private enterprise data from apps like Slack, SharePoint, and Google Drive.
Copilot Mode in Edge brings more powerful agentic AI capabilities to Microsoft's web browser and is available now as part of a limited preview in the US, the company said in a blog post on Thursday. Recent versions of Edge already had many of the same features found in competing AI web browsers,
The ruling greenlights lawsuits against OpenAI and Microsoft by authors Martin, Michael Chabon, Ta-Nehisi Coates, Sarah Silverman, and others.
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