A federal jury in Oakland ruled unanimously against Elon Musk in his $150 billion lawsuit claiming OpenAI abandoned its charitable mission by becoming a for-profit entity. Musk alleged that OpenAI and its leaders, including Sam Altman, violated their original mission and accused Microsoft of enabling this by investing billions. The jury found Musk's case was filed too late, allowing OpenAI to continue its growth and plans for an IPO without disruption. This verdict preserves the current AI industry landscape amid Musk's own AI startup and SpaceX's upcoming public offering.
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...
Law Offices of Howard G. Smith has announced deadlines for investors to file lead plaintiff motions in securities fraud class actions against Erasca, Nano-X Imaging, Microsoft, and Black Rock Coffee Bar. The lawsuits allege these companies made false...
