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Microsoft's cloud revenue growth disappoints investors, shares drop 2%

Microsoft's cloud revenue growth disappoints investors, shares drop 2%

By Aditya Soni and Stephen Nellis April 29 (Reuters) - Microsoft's modest increase in quarterly cloud revenue growth on Wednesday failed to impress investors worried about rising competition in the artificial intelligence race, and its shares fell more than 2% in extended trading.
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Elon Musk Sues Sam Altman and OpenAI Over Alleged Charter Violations

Elon Musk Sues Sam Altman and OpenAI Over Alleged Charter Violations

Elon Musk Sues Sam Altman and OpenAI Over Alleged Charter Violations
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Elon Musk to return to witness stand in trial over OpenAI's future

Elon Musk to return to witness stand in trial over OpenAI's future

By Deepa Seetharaman and Max A.
Reuters Reuters
LinkedIn's AI hiring agents on track for $450 million in yearly revenue

LinkedIn's AI hiring agents on track for $450 million in yearly revenue

By Stephen Nellis SAN FRANCISCO, April 29 (Reuters) - LinkedIn, the social network for professionals owned by Microsoft, on Wednesday said that its hiring products using what is known as agentic AI are on track to generate $450 million in sales in the coming year.
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Amazon touts a 'major expansion' with OpenAI as Microsoft ties loosen

Amazon touts a 'major expansion' with OpenAI as Microsoft ties loosen

Amazon announced what it called a “major expansion” of its partnership with ChatGPT maker OpenAI on Tuesday, a day after the artificial intelligence company said it was loosening its ties to longtime backer Microsoft
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Amazon Integrates OpenAI Models into AWS Platform, Expanding AI Capabilities

Amazon Integrates OpenAI Models into AWS Platform, Expanding AI Capabilities

Amazon Integrates OpenAI Models into AWS Platform, Expanding AI Capabilities
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Elon Musk Sues OpenAI Over Alleged Breach of Charitable Trust

Elon Musk Sues OpenAI Over Alleged Breach of Charitable Trust

Elon Musk Sues OpenAI Over Alleged Breach of Charitable Trust
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Elon Musk Accuses OpenAI of Abandoning Nonprofit Mission in Court Testimony

Elon Musk Accuses OpenAI of Abandoning Nonprofit Mission in Court Testimony

Elon Musk Accuses OpenAI of Abandoning Nonprofit Mission in Court Testimony
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Xbox Boss Warns Memory Costs to Impact Pricing and Availability of Project Helix

Xbox Boss Warns Memory Costs to Impact Pricing and Availability of Project Helix

Xbox Boss Warns Memory Costs to Impact Pricing and Availability of Project Helix
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Microsoft cuts OpenAI revenue share in a fresh step to loosen their AI alliance

Microsoft cuts OpenAI revenue share in a fresh step to loosen their AI alliance

Microsoft said Monday it will no longer pay a share of its revenue to ChatGPT maker OpenAI, the latest move to untether a close partnership that helped unleash an artificial intelligence boom
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Elon Musk's trial against Sam Altman to reveal the ongoing power struggle for OpenAI

Elon Musk's trial against Sam Altman to reveal the ongoing power struggle for OpenAI

By Deepa Seetharaman and Jonathan Stempel April 27 (Reuters) - The bitter legal fight between Elon Musk and the leading artificial intelligence firm, OpenAI, led by Sam Altman, may come down to a few pages in one executive's personal diary. 
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Accenture to roll out Copilot to all 743,000 employees in boost for Microsoft

Accenture to roll out Copilot to all 743,000 employees in boost for Microsoft

By Aditya Soni April 27 (Reuters) - Microsoft is rolling out its Copilot 365 AI assistant to all of Accenture's roughly 743,000 employees, in the biggest enterprise deal for the chatbot as the software giant seeks to convert more of its vast customer base into paying users.