Tag: microsoft

Musk co-founded OpenAI in 2015 with Altman and Brockman, before leaving the company in 2018. Then Microsoft in 2019, invested $14 billion into OpenAI and now holds exclusive rights to commercially license its technology along with a 49% stake in its for-profit subsidiary.(Reuters)
Posted in Business

Elon Musk targets Microsoft in OpenAI lawsuit: ‘Trying to eliminate competitors’

Nov 16, 2024 11:17 AM IST Elon Musk updated his OpenAI lawsuit, now accusing Microsoft as well of attempting to “monopolize the generative AI market.”…

Continue Reading
An Xbox games controller at the Gamescom computer gaming fair on the opening day in Cologne, Germany, on Wednesday, Aug. 21, 2024(Alex Kraus/Bloomberg)
Posted in Business

Microsoft introduces new Xbox AI chatbot, more features expected soon: Report

Microsoft has introduced an AI chatbot for Xbox, reported by The Verge, marking a step in the company’s gradual integration of AI features into the…

Continue Reading
Nasr said his firing was disclosed on social media by the watchdog group Stop Antisemitism more than an hour before he received the call from Microsoft(Pixabay)
Posted in Business

Microsoft fires employees who organized vigil for Palestinians killed in Gaza

Microsoft has fired two employees who organized an unauthorized vigil at the company’s headquarters for Palestinians killed in Gaza during Israel’s war with Hamas. Nasr…

Continue Reading
This is all despite the fact that Nadella himself personally asked to have his remuneration reduced due to cybersecurity challenges such as the "Blue Screen of Death" fiasco(AP)
Posted in Business

Microsoft CEO Satya Nadella gets ₹665 crore in compensation, 63% up from last year, despite cybersecurity challenges

Microsoft Chairman and CEO Satya Nadella will be getting a $79.106 million or ₹665.15 crore paycheck in 2024, the tech giant revealed in its US…

Continue Reading
Orion may also be hosted on Microsoft Azure as early as November(Reuters)
Posted in Business

OpenAI may launch Orion, its next flagship AI model as early as November: Report

OpenAI is planning to launch its next flagship artificial intellience (AI) model called Orion which has been teased as a hundred times more powerful than…

Continue Reading
OpenAI has secured $6.6 billion in funding, valuing the company at $157 billion. Major investors include Microsoft, Nvidia, and Thrive Capital. The funding follows executive changes and aims to provide liquidity for employees through a share buyback.(AFP)
Posted in Business

Microsoft and Nvidia love Sam Altman. Proof? OpenAI’s $6.6 billion funding haul

Oct 03, 2024 09:37 AM IST OpenAI raised $6.6 billion, potentially valuing it at $157 billion, with significant contributions from Microsoft and Nvidia. OpenAI raised…

Continue Reading
Microsoft's revamped Copilot app now offers voice summaries and vision features for browsing. With a focus on emotional intelligence, it aims to enhance user experiences across platforms while prioritizing safety during testing with select websites.(Reuters)
Posted in Business

Microsoft adds voice, vision features to AI assistant: All you need to know

Oct 01, 2024 08:47 PM IST Microsoft enhances its AI assistant with voice and vision features, introducing Copilot Daily for news summaries and Copilot Vision….

Continue Reading
Brad Smith, president of Microsoft Corp., during a Senate Intelligence Committee hearing in Washington, DC, US, on Wednesday, Sept. 18, 2024. The hearing is expected to cover tech companies' efforts to combat disinformation and misinformation spread online about the upcoming November 5 election.(Kent Nishimura/Bloomberg)
Posted in Business

Microsoft president warns of increased US election meddling risk in final 48 hours

Microsoft Corp. President Brad Smith warned the danger of foreign interference in the US election will surge in the final two days of the presidential…

Continue Reading
Inside Image (1).
Posted in Economy

Indian farmers: Global Inc comes shopping for farm fresh green cred

Microsoft, HSBC, JP Morgan, and Amazon are among multinationals getting a helping hand from Indian farmers for reducing their carbon footprint. These global giants are…

Continue Reading
A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France.(Reuters)
Posted in Business

Microsoft approves new $60 billion share buyback program

Sep 17, 2024 07:44 AM IST Microsoft declared a quarterly dividend of $0.83 per share, reflecting an 8 cent, or 10%, increase over the previous…

Continue Reading