Microsoft takes a $3 billion plus hit to its net income, and the reason is ChatGPT-maker OpenAI

Microsoft reported strong quarterly earnings, with net income reaching $27.7 billion despite a $3.1 billion drag from its ...

Satya Nadella reveals Bill Gates once warned Microsoft would “burn” $1 billion on OpenAI

Microsoft CEO Satya Nadella recalls how investing $1 billion in OpenAI back in 2019 was considered a risky move — even by ...
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Sam Altman's Neuralink Rival Could Soon Read Your Mind with Sound Waves

OpenAI CEO Sam Altman doesn't seem content with running just the biggest chatbot on the planet and wants to get his hands in ...

Meta CEO Mark Zuckerberg plans more aggressive AI spending in Superintelligence push

Meta raised its 2025 capital expenditure forecast and indicated that spending will be significantly higher in 2026.

Record revenues fuel Meta, Google, and Microsoft’s high-stakes bet on AI race

Microsoft, Meta, and Google—delivered a unified and staggering message to investors this week: their unprecedented spending ...