Microsoft and OpenAI reach new deal valuing OpenAI at $500 billion

The deal removes a major constraint on raising capital for OpenAI, which was founded as a nonprofit AI safety group.

Microsoft sees 'huge' challenge and great opportunity as global economy enters a new phase, president says

Microsoft President Brad Smith speaks to CNBC's Dan Murphy at the ADIPEC conference in Abu Dhabi, discussing the tech giant's ...

Microsoft 365 gets new agents for building apps, workflows and… more agents

Microsoft Corp. is expanding its agentic artificial intelligence offerings with the launch of new agents for building ...

Microsoft-IREN deal: Tech giant inks $9.7 billion AI cloud pact for Nvidia chips; aims to bolster data centre capacity amid soaring AI demand

Microsoft has secured a $9.7 billion cloud services agreement with Australian AI infrastructure provider IREN, gaining access ...

Microsoft’s stock rises as new OpenAI partnership comes as a relief to investors

The new agreement values Microsoft’s 27% stake at $135 billion and extends its IP rights through 2032, giving Microsoft ...

Wall Street reacts to Microsoft and OpenAI's new deal

Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, ...

Microsoft CEO Satya Nadella shared his advice to bosses on navigating AI's tech, model, and organizational shifts

Microsoft CEO Satya Nadella says AI is reshaping tech, business models, and organizations, and leaders must adapt quickly.

Expert panel will determine AGI arrival in new Microsoft-OpenAI agreement

The new agreement maintains Microsoft as OpenAI’s frontier model partner and preserves Microsoft’s exclusive rights to OpenAI’s IP and Azure API exclusivity until the threshold of AGI is reached.

Cloud startup Lambda unveils multi-billion-dollar deal with Microsoft

Artificial intelligence cloud startup Lambda said on Monday it has entered into a multi-billion-dollar agreement with ...