Elon Musk has sued Sam Altman and OpenAI, accusing them of betraying the nonprofit mission by turning the AI startup into a profit-driven company now valued at $852 billion. The trial, starting with jury selection, will explore Musk's claims that Altman and his team secretly shifted OpenAI's focus, undermining their original vision. Musk, who initially invested $38 million, now seeks funds for OpenAI's charitable arm and Altman's removal from the board. The case highlights tensions in AI development and could influence the future balance of power in the industry, with both tech leaders expected to provide contrasting testimonies.
In Q2 2026, top contributors to growth included Taiwan Semiconductor Manufacturing, Alphabet, United Rentals, Apple, and Visa. Alphabet’s Google Search and Cloud segments showed robust revenue growth of 19% and 63%, respectively, boosting operating i...
Microsoft is instructing its sales team to highlight the efficiency and cost advantages of its own AI models compared to competitors like OpenAI, Google, and Anthropic. This shift comes as Microsoft replaces some third-party AI models in apps like Wo...
The SPDR NYSE Technology ETF (XNTK) has significantly outperformed the Invesco QQQ Trust (QQQ) over the past year, returning 51.65% compared to QQQ's 28.43%. XNTK uses an equal-weight approach focusing solely on about 35 tech leaders, capturing broad...
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Microsoft fixed a major security vulnerability in the remastered Age of Empires II that could let hackers take control of a victim's computer by sending a malicious game invite. The flaw, discovered with AI assistance, allowed remote code execution i...
