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...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....
...Smith said, however, that it was “too early” to say whether Microsoft would invest in that effort....
...Microsoft has for several years pushed its subscription service, Game Pass, which is available on Xbox and PC but not on PlayStation....
...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 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....
..., according to a Microsoft blog post on Friday....
...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....
...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”....
...Of those, Microsoft — which reached a $3tn valuation for the first time — Facebook parent Meta and chipmaker Nvidia all hit record intraday highs....
...However, he left OpenAI’s board three years later, shortly before the start-up established a for-profit arm, through which Microsoft has invested about $13bn. Read more about the dispute here....
...The EU’s competition regulator is investigating whether Microsoft’s investment into OpenAI could be reviewed under the bloc’s merger rules, it said on Tuesday....
...Microsoft chief executive Satya Nadella said Microsoft now had 53,000 Azure AI customers, more than a third of whom were new to the service over the past 12 months, and was seeing an increase in the number...
...The UK’s competition regulator is examining Microsoft’s relationship with OpenAI, a multibillion dollar partnership that has become a template for Big Tech’s alliances with artificial intelligence start-ups...
...Microsoft’s president Brad Smith told the Financial Times this week that while the companies were “very important partners”, “Microsoft does not control OpenAI”....
...At the close of trading in New York, Apple remained ahead at $2.89tn compared to Microsoft’s $2.86tn....
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