News

OpenAI's shakeup plan gets SoftBank's nod — all eyes now on Microsoft
The SoftBank CFO said OpenAI's planned restructuring with the nonprofit keeping control is something that was expected.
Microsoft to lay off 3% of global workforce — roughly 7K jobs — in shift to develop AI
Microsoft is cutting roughly 3% of its global workforce as the company shifts more resources toward the race to develop ...
Tencent hires WizardLM team, a Microsoft AI group with an odd history
WizardLM, a Beijing-based Microsoft AI research group, appears to have been acquired by Tencent, the Chinese company that ...
SoftBank approves of OpenAI's restructuring process following Microsoft's recent contract renegotiations
SoftBank boosts AI ambitions with strategic investments in OpenAI. Learn how their partnership with Microsoft could shape the ...
Microsoft Corporation (MSFT) Reportedly Changing Its Deal With ChatGPT
But an unresolved issue is the amount of equity in the start-up that Microsoft Corporation (MSFT) would receive, she stated.
OpenAI plans to cut Microsoft revenue share after restructuring, The Information reports
OpenAI has told investors it will share a smaller fraction of revenue with major backer Microsoft as it moves ahead with its ...
OpenAI Backtracks, Says Nonprofit Will Retain Control: How Did Musk & Microsoft Respond?
OpenAI scraps plans to become fully for-profit, reaffirming nonprofit control after pressure from critics, investors, and ...