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2 mins read

It will be a while before OpenAI turns a profit. In the meantime, Microsoft gets a cut of revenue.

A report from The Information revealed that while OpenAI was burning less cash than previously thou…

Beatrice Nolan   


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4 mins read

'Let chaos reign': AI inference costs are about to plummet

Inference is becoming the commodity of the AI age.

Emma Cosgrove   


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4 mins read

Meta layoffs are the latest sign that constant job cuts are the new Big Tech normal

Recent layoffs at Meta point to a tech industry playbook of making recurring cutbacks. Yet these re…

Tim Paradis   


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5 mins read

Leaked Microsoft salary data shows the pay gap between Microsoft AI and the rest of the company

It's understandable why Microsoft would shell out big for AI talent. But that doesn't make it an ea…

Dan DeFrancesco   


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5 mins read

Apple considers investing in OpenAI, joining rival Microsoft in AI race

Apple is considering to invest in Open AI. But, with Microsoft already investing roughly $13 billio…

Dan DeFrancesco   


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5 mins read

Earnings season kicks off after a blowout jobs report upended investors' hopes of another interest-rate cut

The spotlight is on earnings season after a surprise jobs report called into question when the next…

Dan DeFrancesco   


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1 min read

Microsoft is reportedly axing 650 jobs in its Xbox games division — less than a year after closing its Activision deal

Microsoft is laying off 650 employees in its Xbox games division, following previous layoffs and st…

Jyoti Mann   


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4 mins read

Your company's AI spending spree could cost you your job

Huge AI investments are costing some workers their jobs as companies change their spending prioriti…

Jacob Zinkula   


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1 min read

Microsoft AI CEO explains why the economics of information are about to 'radically change'

Microsoft AI chief Mustafa Suleyman said at the Aspen Ideas Festival that AI is going to "turbocha…

Lakshmi Varanasi   


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4 mins read

Why don't many executives take pay cuts to avoid layoffs? An ex-Microsoft HR VP explains.

Amid layoffs, employees often ask why executives don't take pay cuts instead. An ex-Microsoft HR VP…

Chris Williams   


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4 mins read

Microsoft's focus on monetizing its AI investments is a sign of tech's shifting strategy

Microsoft is considering a pricing overhaul of its suite of software tools in a bid to get a return…

Dan DeFrancesco   


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3 mins read

CEOs from Mark Zuckerberg to Sundar Pichai explain why companies are making cuts this year

CEOs say companies are making room for AI and finding they work better with less people.

Ana Altchek   


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4 mins read

Big tech companies continue cost cutting

In this edition: Big tech's new watchword is revenue per employee, Google cuts office perks, and Te…

Paayal Zaveri   


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4 mins read

Tesla, Google, and Microsoft won't stop laying people off. Here's why that could backfire.

Job cuts at tech companies like Google, Microsoft, and Tesla could hurt morale, productivity, and t…

Tim Paradis   


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6 mins read

Apple, Zuck, Elon, and the lesson of Microsoft Windows

Apple's EV and goggles. Meta's investment in AI and the metaverse. Tesla's price cuts. These are al…

Alistair Barr   


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5 mins read

Interest-rate cuts could be coming this fall, adding another wrinkle to an election set to focus on the economy

Inflation is cooling just in time for a US presidential election that will likely focus heavily on …

Dan DeFrancesco   


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2 mins read

Microsoft is laying off 1,900 workers at Activision, Xbox, and ZeniMax

Microsoft Gaming CEO Phil Spencer announced the job cuts in a memo sent to staff, obtained by The V…

Jyoti Mann   


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2 mins read

Microsoft is making lots of money from LinkedIn Premium — and users like its AI tools

LinkedIn generated $1.7 billion in revenue from premium subscriptions last year and says many users…

Jyoti Mann   


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1 min read

Microsoft's Seattle-area job cuts top 2,700 after it lays off 559 employees

Microsoft has laid off 559 employees from its Bellevue and Redmond in Washington state in the US, b…

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2 mins read

Stock market today: Stocks slide for 5th session as Fed officials cast more doubt on rate cuts

The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts …

Yuheng Zhan