Microsoft more than any other tech giant is riding the wave of excitement over AI. New York: Microsoft joined Apple on Wednesday as a three trillion dollar company, as its big bet on artificial intelligence continued to impress Wall Street. Now second to Apple as the world’s biggest company by market capitalization, Microsoft’s shares were … Read more
Meta CEO Mark Zuckerberg said Thursday that the company is training its next generation of artificial intelligence (AI) models and hopes to make it accessible to everyone through products such as AI smart glasses. “Today I’m bringing Meta’s two AI research efforts closer together to support our long-term goals, building general intelligence, open sourcing it … Read more
Photo: Nikolas Kokovlis/NurPhoto (Getty Images) At the end of a long, stressful work day, the solitude of a car is nice. It’s a place where you can decompress, de-stress, and scream along to your driving playlist so you arrive home at least a little bit normal. Companies, however, don’t see it that way. They see … Read more
Powered by its artificial intelligence assets, Microsoft has leapfrogged Apple to become the most valuable public company. According to Bloomberg, Microsoft’s market value finished the week at $2.88 trillion, compared with Apple’s $2.86 trillion. Over the past year, Microsoft has added about $1 trillion in value, as fascination with generative AI (a major point of … Read more
Shares of Apple ended last year with a gain of 48% (Representational) Microsoft overtook Apple as the world’s most valuable company on Thursday after the iPhone maker began 2024 with its worst start in years due to growing demand concerns. Shares of Redmond, Washington-based Microsoft rose 1.5%, giving it a market valuation of $2.888 trillion … Read more
The European Union said Tuesday it is examining Microsoft’s multibillion-dollar investment in OpenAI, the artificial intelligence (AI) company behind the popular ChatGPT tool, and whether it is subject to the bloc’s merger rules. “The European Commission is checking whether Microsoft’s investment in OpenAI might be reviewable under the EU Merger Regulation,” the EU’s executive arm … Read more
If you’ve been dying to hear more about the upcoming Indiana Jones game, then Microsoft has some good news for you. The mysterious new release from Wolfenstein developer MachineGames will headline an imminent Xbox Direct conference. The Xbox Developer Direct will be available to watch at 8pm GMT UK time on the evening of January … Read more
For most people, passive income is a bit of extra pocket change that requires minimal effort to earn to supplement a main source of income. For Steve Ballmer, it’s $US1 billion ($A1.4 billion). Ballmer, the sixth-richest person in the world, is due to collect that much in dividends from Microsoft in 2024. Watch the latest … Read more
The New York Times has filed a federal lawsuit against OpenAI and Microsoft, seeking to end the practice of using its stories to train chatbots. In the suit filed Wednesday in the Southern District of New York in Manhattan, the Times said OpenAI and Microsoft are advancing their technology through the “unlawful use of The … Read more
Several Pulitzer Prize winning authors have joined a class-action lawsuit against Microsoft and OpenAI, the creator of the popular ChatGPT tool, alleging the tech companies used their copyrighted work to train artificial intelligence (AI) models without permission. The lawsuit, which was originally filed by author Julian Sancton in late November, now features Kai Bird, Taylor … Read more
