OpenAI closes funding at $157 billion valuation, as Microsoft, Nvidia, SoftBank join round

Harvard Is Releasing a Massive Free AI Training Dataset Funded by OpenAI and Microsoft

The project’s leader says that allowing everyone to access the collection of public-domain books will help “level the playing field” in the AI industry.

Wired - Dec. 12

Here’s how big a hit Microsoft is taking on its investment in GM’s Cruise

Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s Cruise robotaxi unit back in 2021.

MarketWatch - Dec. 11

Microsoft to Incur $800 Million Charge Tied to Cruise Robotaxi

Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motors’ now-scrapped Cruise robotaxi program.

The Wall Street Journal - Dec. 11

Xbox App Just Added 400 PC Games And Microsoft Wants More

Microsoft has announced its ambition to bring all PC games with Xbox features into the Xbox app, and those plans continue today with the addition of over 400 games.. Xbox's Chris Charla shared the ...

GameSpot - Dec. 11

OpenAI CFO Sees Trump as the AI President

Sarah Friar also said she trusts Musk to prioritize national interests and foster competition as he looks at trimming government.

Inc. - Dec. 11

Investment Fund Acadia Readies $9 Billion Renewable Energy Project Lineup

The investor group, with support from Microsoft and other companies, hopes to build out 5 gigawatts of renewable power capacity in the next five years.

Inc. - Dec. 11

SpaceX valuation surges to $350 billion as company buys back stock

The valuation of Elon Musk's SpaceX hit $350 billion based on a secondary share sale, CNBC confirmed Wednesday.

CNBC - Dec. 11

Supreme Court dismisses Nvidia’s appeal in securities lawsuit

The Supreme Court on Wednesday dismissed an appeal from Nvidia in a securities lawsuit against the chipmaking giant, allowing the case to move forward. The court dismissed the appeal as ...

The Hill - Dec. 11

As Syrians celebrate, IS watches closely

The last time Assad’s power was challenged, the Islamic State group filled the vacuum

BBC News - Dec. 11

Michael Saylor's case for Microsoft buying bitcoin gets rejected by shareholders

Microsoft investors voted against a proposal to consider diversifying the company's balance sheet by purchasing bitcoin.

CNBC - Dec. 11

OpenAI expands ChatGPT Canvas to all users

Canvas, OpenAI's text and code editor, is now available for all ChatGPT users. It also now lets people run Python code.

VentureBeat - Dec. 10

OpenAI releases video creation tool

ChatGPT producer OpenAI rolled out a video creation tool this week that lets paying customers create short-length video clips through text prompts. OpenAI introduced Sora, a video generation ...

The Hill - Dec. 10

Gaetz to join One America News

Former Rep. Matt Gaetz (R-Fla.) is joining One America News next month as a host, the network announced Tuesday. Gaetz, during an appearance on the staunchly pro-Trump network Monday, said he would ...

The Hill - Dec. 10

Microsoft 365 suffers outage Tuesday morning

Microsoft 365 users reported being unable to access essential apps Tuesday morning.

CBS News - Dec. 10

Nvidia Faces Antitrust Investigation in China

The move by Chinese regulators came a week after the Biden administration expanded curbs on the sale of advanced U.S. technology to China.

The New York Times - Dec. 9

Nvidia Probed in China Over Possible Antimonopoly Violations

Beijing opened the investigation a week after the U.S. placed additional export controls on China’s access to high-end semiconductors.

The Wall Street Journal - Dec. 9

How Microsoft Decides When Xbox Games Come To PlayStation

The newest big Xbox exclusive game, Indiana Jones and the Great Circle, is officially available for everyone today, December 9--that is, if you own an Xbox or a PC or subscribe to Game Pass ...

GameSpot - Dec. 9

China launches antitrust probe into Nvidia

Move comes as tensions deepen between Washington and Beijing over development of AI

Financial Times - Dec. 9

Elon Musk’s X.AI wins $6 billion in private funding as the latest unicorn to avoid an IPO

X.Ai, a competitor to ChatGPT parent OpenAI, disclosed a large round of funding without the need to become a public company.

MarketWatch - Dec. 6

OpenAI Considers Revising AGI Arrangement With Microsoft

The Sam Altman-led company might end up licensing artificial general intelligence technology to Microsoft after all.

Inc. - Dec. 6

This is the best-performing AI stock this year and it isn’t even close (and it’s not Nvidia)

This company may not have spent as much time in the spotlight as AI chip powerhouse Nvidia, but its stock has soared in 2024.

MarketWatch - Dec. 6

OpenAI seeks to unlock investment by ditching ‘AGI’ clause with Microsoft

Start-up discusses removing provision to protect powerful technology from being misused for commercial purposes

Financial Times - Dec. 6

Nvidia tangos with an activist hedge fund: An excerpt from Tae Kim's new book on the tech giant

Starboard Value's Jeff Smith knows his firm sold its Nvidia stake way too soon, Tae Kim writes in "The Nvidia Way: Jensen Huang and the Making of a Tech Giant."

CNBC - Dec. 5

How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes

The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in the federal estate and gift taxes, which have quietly been eviscerated.

The New York Times - Dec. 5

How Microsoft defends against 7000 password attackers per second

Vasu Jakkal's reflects how AI is the core DNA of Microsoft security, permeating every product and service the software giant produces.

VentureBeat - Dec. 5

OpenAI Is Working With Anduril to Supply the US Military With AI

The ChatGPT maker is the latest AI giant to reveal it’s working with the defense industry, following similar announcements by Meta and Anthropic.

Wired - Dec. 4

OpenAI, Anthropic Expand in Europe With Zurich Offices

OpenAI said it would set up a new office in Zurich, Switzerland, as part of efforts from the ChatGPT maker to bolster its presence in Europe as the continent emerges as a key battleground for ...

The Wall Street Journal - Dec. 4

OpenAI partners with defense company Anduril

OpenAI and Anduril on Wednesday announced a partnership allowing the defense tech company to deploy advanced AI systems for "national security missions."

CNBC - Dec. 4

OpenAI Poaches 3 Top Engineers From DeepMind

The new hires, all experts in computer vision, are the latest AI researchers to jump to a direct competitor in an intensively competitive talent market.

Wired - Dec. 4

Nvidia Rules A.I. Chips, but Amazon and AMD Emerge as Contenders

Amazon, Advanced Micro Devices and several start-ups are beginning to offer credible alternatives to Nvidia’s chips, especially for a phase of A.I. development known as “inferencing.”

The New York Times - Dec. 3

Citigroup’s stock beckons with potential Trump tariff boost and cheap valuation: analyst

President-elect Donald Trump’s potential tariffs may result in more business for the bank as clients re-evaluate trading partners and supply chains.

MarketWatch - Dec. 3

OpenAI hires first marketing chief from Coinbase

OpenAI said on Tuesday that it's hired Kate Rouch from Coinbase as its first chief marketing officer.

CNBC - Dec. 3

FTC Opens Microsoft Antitrust Inquiry

It will fall to the incoming Trump administration to pursue or drop the investigation.

Inc. - Dec. 3

SpaceX’s $350 billion private valuation signals an IPO is off the table for now

Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.

MarketWatch - Dec. 3

ServiceTitan’s planned IPO could come with a more than $5 billion valuation

The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.

MarketWatch - Dec. 3

Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms' customers

Microsoft was accused of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud in a U.K. lawsuit filed Tuesday.

CNBC - Dec. 3

Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.

Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giant’s approach to ...

The Wall Street Journal - Dec. 3

Microsoft faces £1bn class action case in UK over software prices

It is alleged the tech giant overcharged companies for its Window Server software, used in cloud computing.

BBC News - Dec. 3

Top tech stocks are ‘cash machines,’ so keep buying, says the dean of valuation

Aswath Damodaran, the NYU Stern School of Business finance professor, says big tech stocks are “insanely profitable,” and should be bought in case of pullbacks.

MarketWatch - Dec. 3

FTC opens Microsoft antitrust investigation that Trump administration must carry on or drop

Antitrust enforcers with the Federal Trade Commission have opened a wide-ranging investigation into Microsoft’s business practices, starting off a big legal project that an incoming Trump ...

ABC News - Dec. 2

Latest in OpenAI closes funding at $157 billion valuation, as Microsoft, Nvidia, SoftBank join round

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