In a significant turn of events, Microsoft briefly overtook Apple) as the world’s most valuable company on Thursday for the first time since 2021. This shift occurred as concerns over demand impacted Apple’s shares at the start of the year. D.A. Davidson analyst Gil Luria highlighted the inevitability of Microsoft surpassing Apple, noting, “It was Read More…
A regulatory storm brews as Microsoft’s collaboration with OpenAI comes under the antitrust microscope in both the US and UK following recent upheavals in the startup’s leadership. Nearing the resolution of a boardroom clash resulting in the abrupt exit and return of CEO Sam Altman, Microsoft, a substantial supporter of OpenAI, secured a non-voting observer Read More…
Amidst high-stakes discussions about the future of OpenAI, the company has announced the return of Sam Altman as CEO, just days after his abrupt removal, marking a significant turnaround for the AI powerhouse. The reinstatement of Altman follows intense negotiations, leading to an agreement that also involves a major overhaul of the board of directors, Read More…
Sam Altman, ousted CEO of OpenAI, is steering towards a new artificial intelligence (AI) venture following his dismissal, sources familiar with the plan disclosed on Saturday. The departure of Altman has sent ripples across the tech industry, leaving numerous questions about the future of the company. Former OpenAI president Greg Brockman, who exited the company Read More…
