Elon Musk asked a judge to block OpenAI's attempt to transition from nonprofit to for-profit. It's not the first time he's feuded with CEO Sam Altman.
Microsoft's AI for Good Lab is offering a total of $5 million in cloud computing credits in its home state of Washington through a new grant program in conjunction with the company's 50th anniversary.
Microsoft will no longer be the exclusive provider of new cloud computing capacity to OpenAI — a new twist in their relationship that clears the way for OpenAI to work with Oracle and others on the $500 billion Stargate AI project announced by the companies Tuesday with President Trump at the White House.
The long-standing partnership between Microsoft and OpenAI has evolved in order to “drive the next phase of AI”. Key elements of the 2019 agreement remain in place until 2030, including Microsoft’s right to OpenAI intellectual property for use within its products,
Shares of Nvidia, Microsoft, Oracle, and other AI-related companies surged Wednesday after the Trump administration’s announcement of a $500 billion joint venture spurred optimism about a rising tide of AI investments.
On C3.ai's recent earnings call, CEO Tom Siebel referred to this agreement as "the most significant event of the quarter and perhaps the most significant event in the company's history." Siebel believes this will shorten the company's sales cycles and be a huge catalyst for the business moving forward.
We are thrilled to continue our strategic partnership with OpenAI and to partner on Stargate. Today’s announcement is complementary to what our two companies have been working on together since 2019.
The new agreement “includes changes to the exclusivity on new capacity, moving to a model where Microsoft has a right of first refusal (ROFR),” Microsoft says. “To further support OpenAI, Microsoft has approved OpenAI’s ability to build additional capacity, primarily for research and training of models.”
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
In a blog post Thursday, Microsoft said it’s increasing the price of its Microsoft 365 bundle for consumers by $3 a month.
Financial writer highlights Microsoft Corporation's growth under Satya Nadella, with strong AI services and projected $870 target by 2030. Click for my MSFT update.