Microsoft-OpenAI 'bromance' frays as tensions rise over funding, staff clashes, and new AI deals
Oct 21, 2024, at 01:46 am
San Francisco: Sam Altman, co-founder of OpenAI, once described the company's partnership with Microsoft as “the best bromance in tech.” However, this relationship is now strained, as Microsoft appears to be hedging its bets, according to a report by the New York Times.
ChatGPT maker OpenAI secures $6.6 billion funding with investment from Microsoft, Nvidia
Oct 03, 2024, at 08:07 pm
California/IBNS: American artificial intelligence (AI) research company OpenAI has secured $6.6 billion in investments, potentially valuing the ChatGPT maker at $157 billion, positioning it among the world’s most valuable private enterprises, Reuters reported.
Microsoft India buys plot in Pune's Hinjawadi for Rs 520 cr
Sep 12, 2024, at 04:20 am
Pune: Microsoft Corporation (India) Pvt Ltd, the Indian arm of the software giant, has acquired a 16.4-acre land parcel in Pune's tech-centric Hinjawadi suburb for approximately Rs 520 crore, according to documents reviewed by Square Yards, media reports said.
Apple, Nvidia likely to invest in OpenAI's next huge potential funding round: Report
Aug 30, 2024, at 06:14 pm
San Francisco/IBNS: American artificial intelligence (AI) start-up OpenAI is gearing up for a significant funding round that could value it at over $100 billion, and two of the biggest US-headquartered global tech companies are in talks to join this investment funding round, reports said.
Infosys set to earn over $100 million in Coca Cola-Microsoft cloud deal
Aug 21, 2024, at 06:50 am
Bengaluru: Infosys is set to earn over $100 million as a key partner in a $1.1 billion cloud migration deal between Coca-Cola and Microsoft, according to an Economic Times report.
Jul 20, 2024, at 02:54 am
Mahindra Group Chairman Anand Mahindra, who is known for his influential presence on the internet, reacted to Microsoft's massive outage that disrupted operations across airlines, banks, and major corporations globally, impacting services from customer communications to financial transactions.
Microsoft quits Sam Altman's OpenAI board amid AI partnerships scrutiny
Jul 11, 2024, at 10:37 pm
Washington/IBNS: American tech giant Microsoft has left the board observer seat at OpenAI which has drawn regulatory scrutiny as the former said that it was not necessary as the artificial intelligence (AI) start-up's governance has improved significantly in the past eight months, reports said.
Chipmaker Nvidia is now world's most valuable company
Jun 19, 2024, at 02:32 pm
Chipmaking major Nvidia has become the world's most valuable company after its stocks reached all-time high on Tuesday, media reports said.
Three Stocks that Look Attractive in Today's Market Environment
May 29, 2024, at 06:01 pm
Large-cap tech stocks often provide a stable yet progressive investment avenue in the dynamic market, known for their solid market position, innovative capabilities, and potential for consistent growth. Even amidst market volatility and economic headwinds, certain tech giants stand out with solid fundamentals, strategic vision, and adaptability that prime them for outperformance. Here are three such large-cap tech stocks that are set to thrive in today's market environment.
RoC fines LinkedIn, Satya Nadella and others for companies law violations
May 23, 2024, at 08:40 pm
New Delhi/IBNS: The Registrar of Companies (RoC) under the Ministry of Corporate Affairs (MCA) on Wednesday (May 22) imposed fines on Microsoft-owned LinkedIn Technology Information Pvt Ltd or LinkedIn India, Microsoft CEO Satya Nadella, LinkedIn CEO Ryan Roslansky and seven other individuals for violation of the significant beneficial owner norms under the companies law, media reports said.
May 23, 2024, at 08:00 pm
Bengaluru/IBNS: Ola Group's founder and CEO Bhavish Aggarwal said on May 22 that the company has completed the shift of its entire workload to in-house artificial intelligence (AI) firm Krutrim, a week after cutting ties with its cloud service provider Microsoft Azure.
TAC Security appointed as cybersecurity assessor for Microsoft & Meta-led App Defense Alliance
May 01, 2024, at 03:12 am
Mumbai: Cybersecurity company TAC Security has been appointed as a key Cyber Security Assessor for the app Defense Alliance (ADA).
Amid global slowdown, large tech companies almost halt hiring in India: Report
Dec 26, 2023, at 05:55 pm
Mumbai/IBNS: Large tech companies have nearly stopped hiring new employees amid the global slowdown, media reports said.
US tech majors Apple, and Microsoft ranked most expensive brands worldwide in 2023
Nov 21, 2023, at 10:46 pm
US tech giants Apple and Microsoft remain the most expensive brands worldwide, with their brand value standing at $502.7 billion and $316.7 billion, respectively, the Interbrand Best Global Brands 2023 ranking showed on Tuesday.
Nov 21, 2023, at 03:16 pm
Five hundred Open AI employees have expressed their intention to join Microsoft if Sam Altman, the former CEO of OpenAI, and Greg Brockman, a co-founder of OpenAI, are not reinstated.
Sacked Open AI CEO Sam Altman to join Microsoft, Satya Nadella announces
Nov 21, 2023, at 03:10 am
Open AI's former CEO Sam Altman and former president Greg Brockman are joining Microsoft to lead a new team for advanced research in Artificial Intelligence, Satya Nadella announced Monday.
OpenAI board under pressure from Microsoft, top investors to reinstate Sam Altman: Reports
Nov 19, 2023, at 09:31 pm
OpenAI is under pressure from its top investors to bring back Sam Altman as chief executive officer after sacking him on Friday, taking the world by surprise, international media reports said.
Nov 18, 2023, at 04:27 pm
IT major Microsoft Corp, which is one of the biggest backers of Open AI, on Saturday (November 18, 2023) confirmed it will remain committed to the partnership with the firm that created ChatGPT even after it underwent several changes including the removal of its CEO Sam Altman.
Microsoft successfully completes mega $69 billion Activision purchase deal
Oct 14, 2023, at 04:45 am
London: Microsoft has successfully finalized its $69 billion acquisition of Activision Blizzard, marking a significant move in the video game industry, Bloomberg reported.
Microsoft appoints Puneet Chandok to lead India operations
Aug 01, 2023, at 11:46 pm
New Delhi: Microsoft on Tuesday announced Puneet Chandok’s appointment as Corporate Vice President of Microsoft India and South Asia.
Microsoft India president Anant Maheshwari resigns
Jul 08, 2023, at 01:29 am
New Delhi: Microsoft India president Anant Maheshwari has resigned from his position, media reports said.
No salary hike for Microsoft employees in 2023 amid economic uncertainty
May 13, 2023, at 04:52 am
Amid massive job cuts, Microsoft CEO Satya Nadella informed the employees that the company will not be offering a salary hike this year media reports said.
Musk calls for Lawsuit against Microsoft for illegally using Twitter data for AI training
Apr 20, 2023, at 10:10 pm
San Francisco: Twitter CEO Elon Musk said on Wednesday that Microsoft corporation illegally trained its artificial intelligence (AI) algorithm with Twitter user data, which calls for legal action.
Microsoft-owned GitHub sacks over 140 Indian staff: Reports
Mar 29, 2023, at 10:31 pm
Los Angeles: Microsoft-owned GitHub is the latest tech company that has fired more than 140-member strong entire engineering team in India.
Yes Bank partners with Microsoft to transform mobile banking experience
Jan 03, 2023, at 11:06 pm
New Delhi: Yes Bank announced that it has partnered with Microsoft to bring forth a next generation mobile application (app) with a view to provide customers with a personalised banking experience.
Jan 03, 2023, at 03:39 am
Kolkata/IBNS: Microsoft Monday announced that over 100,000 developers participated in the Future Ready Champions of Code program to receive Microsoft certifications.
Microsoft, Mercedes-Benz and Amazon named India’s most attractive employer brands: Survey
Jul 21, 2022, at 10:53 pm
New Delhi: Microsoft India, the leading technology giant has emerged as India’s most ‘attractive employer brand’, reveals the findings of Randstad Employer Brand Research (REBR) 2022
Apr 13, 2022, at 06:51 am
New Delhi: Bharat Petroleum Corporation Ltd (BPCL) and Microsoft announced a strategic cloud partnership for seven years aimed at accelerating the firm’s digital transformation and shaping the future of innovation in the oil and gas industry.
L&T & Microsoft sign landmark deal to develop regulated sector cloud offering
Feb 09, 2022, at 09:42 pm
New Delhi/IBNS: Larsen & Toubro (L&T) and Microsoft India have signed a Memorandum of Understanding (MoU) to develop a regulated sector focused cloud offering to empower customers with the best-of-breed cloud computing and infrastructure services.
Indian govt ropes in tech giants, local agritech firms to boost farm productivity: Report
Sep 18, 2021, at 01:46 am
New Delhi/IBNS: In a bid to increase farm productivity and ensure food security, the government has embarked on an ambitious productivity drive aimed at transforming the country's agricultural industry, according to a media report.