Microsoft CEO Satya Nadella testified in Elon Musk's lawsuit against OpenAI, defending the AI company's shift to a for-profit model as essential for its mission. Musk alleges OpenAI broke its founding contract by prioritizing commercial gain, with Microsoft accused of aiding this breach. Documents revealed Microsoft expects a $92 billion return on its $13 billion OpenAI investment, valuing its stake at $135 billion. The trial also covered the controversial 2023 firing and quick reinstatement of OpenAI CEO Sam Altman, with Nadella expressing concern about losing key talent amid competition.
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...
