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...Seattle-headquartered Microsoft is OpenAI’s main partner, having invested $13bn in the start-up, much of it in the form of credits for Microsoft’s cloud....
...If Microsoft’s acqui-hire is repeated elsewhere in big tech, then expect start-up investors to rebel....
...to run a new consumer AI unit called Microsoft AI....
...He will launch a division of Microsoft that brings consumer facing products including Microsoft’s Copilot, Bing, Edge and GenAI under one team called Microsoft AI....
...Until now, people thought of Microsoft as an “OpenAI shop”, so it’s good to see it spreading its bets....
...Microsoft will also take a minor stake in Mistral, although the financial details have not been disclosed....
...Microsoft is accelerating a push away from its own Xbox hardware, hoping to boost growth by selling more games on rival consoles as the industry reckons with a protracted slowdown....
...“Under its new board, it is not just developing but is refining an AGI to maximise profits for Microsoft, rather than for the benefit of humanity.” OpenAI declined to comment....
...As with Microsoft’s $13bn investment in OpenAI, an Inflection rival, Tuesday’s agreement is not an acquisition, but a strategic move to bring some of the most prominent names in AI into Microsoft’s orbit...
...He will launch a division of Microsoft that brings consumer-facing products including Microsoft’s Copilot, Bing, Edge and GenAI under one team called Microsoft AI....
...Microsoft is one of several companies, including Nvidia and AMD, that is designing the high-end chips that offer the enormous computing power required to roll out AI....
...Microsoft has for several years pushed its subscription service, Game Pass, which is available on Xbox and PC but not on PlayStation....
...Smith said, however, that it was “too early” to say whether Microsoft would invest in that effort....
...Microsoft shares were down almost 1 per cent in after-hours trading. Read more here....
...Microsoft shares were down almost 1 per cent in after-hours trading. Read more here...
...OpenAI’s GPT technology also underpins Microsoft’s Bing Chat, a feature within the software giant’s search engine. In return, Microsoft is entitled to up to 49 per cent of the profits of OpenAI....
...Microsoft’s market capitalisation passed Apple’s earlier this year, making it the world’s most valuable company....
...OpenAI, whose ChatGPT chatbot triggered the AI boom in late 2022, has a complex relationship with Microsoft. Microsoft has made a $13bn investment in OpenAI but owns no conventional equity....
...He noted Microsoft’s perpetual licence for much of OpenAI’s intellectual property. Musk has since released the model behind his AI chatbot Grok as open source....
...Big bets on Microsoft and Meta have helped US stockpickers to their best start to a year in more than three decades, according to Bank of America....
..., according to a Microsoft blog post on Friday....
...Microsoft has a multibillion-dollar investment in OpenAI, rather than owning the company as incorrectly stated in a column on January 8....
...Microsoft briefly usurped Apple to become the world’s most valuable public company on Thursday, as the boom in artificial intelligence brings a new twist to the decades-long rivalry between the two Big Tech...
...Microsoft, which has spent huge sums on acquisitions of game studios such as the $75bn purchase of Activision, is facing similar issues with its hardware economics....
...As part of the agreement, Microsoft is paying an undisclosed sum of money to Semafor to sponsor a breaking news feed called “Signals”....
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