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 restricting AI training under current copyright laws could hinder innovation and economic growth. The case centers on whether AI training on copyrighted content qualifies as fair use, a complex legal debate with no clear precedent. While the brief is not a court ruling, it could influence the ongoing case in the U.S. District Court for the Southern District of New York.
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 ...
Rezolve AI reported a massive 1,970% revenue increase to $130.8 million in the first half of 2026, driven by expanded customer base and partnerships with major firms like Microsoft and Google. Despite this growth, the company’s net loss widened to $1...
Bank of America raised Microsoft's stock price target from $500 to $600 following strong Q4 fiscal 2026 results that highlighted accelerating Azure cloud growth and improved AI efficiency. Azure revenue growth increased from 39% to 43%, with a foreca...
