Microsoft (MSFT) and OpenAI (OPAI.PVT) market share
Microsoft (MSFT) and OpenAI (OPAI.PVT) announced on Tuesday that they have reached a new agreement that lets the ChatGPT developer move forward with its plans to transform into a for-profit public benefit corporation. Under the new agreement, Microsoft will hold 27% of the OpenAI Group PBC, valued at roughly $135 billion, while OpenAI’s nonprofit arm
Apple new market cap
Apple topped $4 trillion in market value for the first time on Tuesday, the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed fears over its slow progress in the AI race.Apple’s shares have gained about 13% since the new launches on September 9, in a remarkable
Google sued on AI hallucinations
Conservative activist Robby Starbuck is suing Google for defamation after the tech giant’s AI tools allegedly linked him to false accusations of sexual assault, child rape and financial exploitation, among others.The lawsuit, filed last week in Delaware Superior Court, claims Google’s AI platforms Bard, Gemini and Gemma – have continued to display false statements about
The Microsoft–OpenAI partnership
Since 2019, Microsoft and OpenAI have shared a vision to advance artificial intelligence responsibly and make its benefits broadly accessible. What began as an investment in a research organization has grown into one of the most successful partnerships in our industry. As we enter the next phase of this partnership, we’ve signed a new definitive
China -USA talks looms as Nvidia Chief heads to washingtom
Nvidia Chief Executive Jensen Huang was headed to Washington to deliver the keynote address at Nvidia’s GTC ahead of a key meeting between President Donald Trump and China’s Xi Jinping. Huang has previously said Nvidia needs $50 billion in China chip sales to fund its research and development in the U.S.Nvidia stock recently got a
OPenAI to generate music with prompts
OpenAI is reportedly working on an artificial intelligence (AI) music tool. A report from The Informationsaid that the company is working with The Juilliard School in the United States to come up with a tool that can generate music using text and audio prompts.OpenAI followed MuseNet with Jukebox in 2020, a “neural net” that generated
Investing on Microsoft
As one of the Big Tech companies spending heavily on artificial intelligence infrastructure, Microsoft Corp. is a clear artificial-intelligence beneficiary through its cloud-computing unit. But investors could be overlooking where else the company can have an AI advantage.The cloud-computing businesses of all the Big Tech companies will be under careful scrutiny this week as companies
US Energy department to partner with AMD to build a supercomputer
The U.S. has formed a $1 billion partnership with Advanced Micro Devices (AMD) to construct two supercomputers that will tackle large scientific problems ranging from nuclear power to cancer treatments to national security. The U.S. is building the two machines to ensure the country has enough supercomputers to run increasingly complex experiments that require harnessing
Tesla may lose Elon if they do not approve compensation package
Once again, Tesla (TSLA) chair Robyn Denholm pleaded with shareholders to approve CEO Elon Musk’s unprecedented compensation package, one that could cost the company $1 trillion, with the threat of Musk leaving the company.In a letter sent to shareholders Monday morning, which follows a prior letter sent last week, Denholm warned the company stands to
Russia tests Yars and Sineva intercontinental ballistic missiles
President Donald Trump on Monday took aim at Russia’s announcement that it has tested a nuclear-powered missile that can go more than 8,000 miles, telling President Vladimir Putin that he “ought to get the war ended” instead. European leaders met on Friday and agreed, for now, to hold off on using the frozen Russian assets.