Microsoft and Activision have mutually agreed to extend their merger deadline by three months in the face of ongoing negotiations with the UK government that could allow the $69 billion acquisition to close, the two companies announced on Wednesday.

GOTHENBURG, Sweden--(BUSINESS WIRE)--Jun 26, 2023--

By Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden's re-election campaign said on Tuesday that a decision by Alphabet Inc's

Andrew Tate, often known by his moniker 'Top G', passionately conveyed his perspective on the impact of an apocalypse on human society

ChatGPT creator OpenAI is in talks to sell existing employees' shares at an $86 billion valuation, Bloomberg News

Apple reported modestly higher quarterly profits Thursday despite another dip in revenues, as a record performance in services...

Almost everyone knows the backstory of the iPhone, a breakthrough that continues to reshape culture 16 years after late Apple co-founder Steve Jobs introduced the device to the world

Boston Metal, a startup that has developed a method to make low- or no-carbon steel using electricity, said

OTTAWA, Ontario--(BUSINESS WIRE)--Sep 20, 2023--

Microsoft stock has hit a record high after hiring sacked OpenAI boss Sam Altman and other key figures from the AI firm. The US tech giant, which is a key investor in OpenAI, is the second most valuable company in the world behind Apple. The firm’s market cap on 21 November reached above $2.8 trillion – up $1 trillion since the start of the year. Microsoft chief executive Satya Nadella announced that Mr Altman, who headed ChatGPT creator OpenAI until he was ousted on Friday, would join Microsoft to lead a new advanced AI research team alongside fellow OpenAI co-founder Greg Brockman “We’re extremely excited to share the news that Sam Altman and Greg Brockman, together with colleagues, will be joining Microsoft to lead a new advanced AI research team,” Mr Nadella wrote on X, formerly Twitter. “We look forward to moving quickly to provide them with the resources needed for their success.” Despite his new role, Mr Altman is reportedly keen on returning to his former company following a revolt among OpenAI employees against the board. More than 700 OpenAI workers signed a letter threatening to quit unless the board resigns and reappoints Mr Altman as chief executive. “The process through which you terminated Sam Altman and removed Greg Brockman from the board has jeopardised all of this work and undermined our mission and company,” the open letter stated. “Your conduct has made it clear you did not have the competence to oversee OpenAI.” OpenAI board member Ilya Sutskever said on Monday that he “deeply regrets” his role in Mr Altman’s sacking, adding that he was now working to reunite the company. Following his exit from OpenAI last week, Mr Altman wrote on X: “I loved my time at OpenAI. It was transformative for me personally, and hopefully the world a little bit. Most of all I loved working with such talented people. Will have more to say about what’s next later.” After rumours emerged that he was looking to rejoin his former company after being hired by Microsoft, Mr Altman wrote: “Satya [Nadella] and my top priority remains to ensure OpenAI continues to thrive. “We are committed to fully providing continuity of operations to our partners and customers. The OpenAI/ Microsoft partnership makes this very doable.” Read More Microsoft chief hints Sam Altman may return as OpenAI staff demand board resignation OpenAI staff ‘threaten to quit over ousting of Sam Altman’ Microsoft’s new AI tool cleans up messy backgrounds in video calls

REDMOND, Wash.--(BUSINESS WIRE)--May 30, 2023--

HERNDON, Va.--(BUSINESS WIRE)--Jul 24, 2023--