Elon Musk's attorney delivered a strong closing argument in a $150 billion lawsuit against OpenAI, accusing CEO Sam Altman and President Greg Brockman of prioritizing profit over the company's founding mission to develop AI for public benefit. OpenAI's lawyer countered, saying Musk's claims lack basis and highlighted that Musk made no enforceable commitments when donating $38 million years ago. The trial featured high-profile tech figures and intense personal exchanges, with Musk seeking to reverse OpenAI's for-profit status. Jurors are set to begin deliberations, with their advisory verdict likely influencing the final decision by the judge.
Microsoft has appointed Carmine Di Sibio, former global chairman and CEO of EY, to its board of directors, expanding the board to 13 members. Di Sibio will serve on the Compensation and Audit Committees, bringing decades of experience in financial se...
OpenAI is exploring legal options against Apple due to dissatisfaction with the ChatGPT integration on iPhones, which failed to deliver expected subscriber growth and visibility. The partnership, announced in June 2024, integrated ChatGPT into Siri a...
Microsoft and Alphabet both released earnings showing strong AI-driven growth but with different focuses. Microsoft posted $82.88 billion revenue, driven by 40% Azure cloud growth and a $627 billion commercial backlog, emphasizing enterprise AI solut...
Anthropic, an AI company founded in 2021, has rapidly grown its annualized revenue run rate from $87 million to nearly $40 billion in just three years, a pace unmatched by major tech firms like Salesforce or Amazon. This explosive growth is fueled by...
While the Nasdaq 100 and S&P 500 soar on AI-driven gains, Microsoft shares have struggled, falling over 25% from their highs. Despite this, experts highlight Microsoft's strong position in the AI revolution, especially with its Azure cloud platform a...
