The US Justice Department has filed a court brief supporting OpenAI in its copyright lawsuit with The New York Times, arguing that using copyrighted content to train AI models does not violate copyright law. The Times sued OpenAI and Microsoft, claiming unauthorized use of millions of its articles to build competing AI products. The DOJ emphasized that ruling against OpenAI could hinder AI development critical for national security and market competition, while the Times and media groups warn this stance threatens creators' rights and fair compensation. The case highlights ongoing tensions over AI training data and copyright law.
Microsoft will start reporting quarterly revenue for its Azure cloud business, offering clearer insight into its competition with Amazon Web Services and Google Cloud. This change is part of a restructuring that reduces its operating segments from th...
The Trump administration submitted a 20-page brief defending OpenAI's use of copyrighted works to train its AI models in a lawsuit filed by The New York Times. The brief argues that maintaining U.S. leadership in AI development is crucial and that re...
An investor closed $36 million worth of long-dated Microsoft call spreads with expiry in December 2027, raising questions about confidence in the stock's future gains. Despite this, Microsoft's fundamentals remain strong, with Azure revenue up 43% ye...
Microsoft has made a massive $115.9 billion investment in AI, which is now the key factor determining its stock performance over the next 12 months. The company's Azure cloud service recently surpassed $100 billion in annual revenue, driving a sharp ...
Amazon's stock is expected to rise about 27% over the next 12 months, driven by AWS's fastest growth in 18 quarters, with revenue up 37% to $42.23 billion. CEO Andy Jassy highlighted strong AI and chip business growth, with AWS backlog reaching $496 ...
