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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
'Let chaos reign': AI inference costs are about to plummet
Inference is becoming the commodity of the AI age.
Emma Cosgrove
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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…
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 …