
Microsoft announces a ‘multiyear, multibillion dollar investment’ in ChatGPT-maker OpenAI
The partnership positions the company to sharpen its competition with Google in commercializing new AI breakthroughs

The partnership positions the company to sharpen its competition with Google in commercializing new AI breakthroughs

CEO Daniel Ek announced the restructuring in a message to employees that was also posted online

Amazon, Alphabet, Microsoft, Meta and Apple nearly doubled their total workforce over the past three years. But now they are letting more than 50,000 employees go

Earlier this week, Microsoft announced 10,000 job cuts, or nearly 5% of its workforce

The layoffs represent ‘less than 5% of our total employee base, with some notifications happening today,’ CEO Satya Nadella said to employees

The electric car company has lost more than 70% of its value on the stock market and analysts doubt that it can maintain its market share in the long term

The year promises new releases in adventure, science fiction, fantasy and magic

The business magnate’s net value dropped significantly due to Tesla’s stock crash, while other tech chiefs also saw major losses, according to the Bloomberg Billionaires Index