Elon Musk files lawsuit against OpenAI and Sam Altman amid regulator scrutiny over Microsoft March 1, 2024 Elon Musk has taken legal action against OpenAI and its chief executive, seeking to force it to return to its founding principles over profit.
Big tech faces backlash over big water consumption February 25, 2024 Tech giants like Microsoft, Google, and Meta have ramped up their water usage to cool their data centres, increasingly used for AI services.
Has ChatGPT single-handedly killed the world’s chances of hitting net zero? February 6, 2024 When questioned if it really did have our best intentions at heart, ChatGPT is unnervingly diplomatic.
FTSE 100 close: Bluechip index closes lower as investors await Fed’s interest rate decision January 31, 2024 London’s FTSE 100 closed in the red as investors await the latest interest rate decision from the US Federal Reserve later today, while big tech results last night soured risk sentiment. The FTSE 100 ended 0.47 per cent lower at 7,630.57 while the midcap FTSE 250 index, which is more aligned with the health of [...]
Microsoft: Rising cost of AI could weigh on share price, analysts warn January 31, 2024 In the three months to December, Microsoft's revenue increased by 16 per cent to hit $62bn, roughly in line with expectations.
Investors to focus on AI and antitrust issues as Amazon, Apple and Meta line up to report January 29, 2024 Big tech companies Microsoft, Meta, Apple, Amazon and Google owner Alphabet are set to report quarterly earnings this week.
Countdown begins: What’s in store for next week’s mega-tech FAAMG earnings January 26, 2024 As the fourth-quarter earnings season approaches on Wall Street, all eyes are on the FAAMG group: Alphabet (Google), Microsoft, Amazon, Meta Platforms, and Apple.
Vodafone inks 10-year deal with Microsoft amid efforts to save struggling European businesses January 16, 2024 Vodafone signed a decade-long partnership deal with Microsoft on Tuesday as it ramps up investment in its digital services amid a dramatic turnaround effort.
Microsoft, Google and Amazon flood AI start-ups with cash, outspending venture capital December 27, 2023 Big tech companies spent twice as much on deals with Generative AI start-ups than venture capital groups in 2023, according to new data from Pitchbook.
CMA invites comments on Microsoft and OpenAI partnership impacting UK’s competition December 8, 2023 The CMA is inviting comments on whether the partnership between Microsoft and OpenAI has "resulted in a relevant merger situation".