Tag: Microsoft

8 major newspapers join legal backlash against OpenAI, Microsoft

In a move that underscores escalating tensions between the news industry and artificial intelligence developers, a coalition of eight leading daily newspapers on Tuesday filed a lawsuit against tech giants OpenAI and Microsoft. The legal action, initiated by the Chicago Tribune, New York’s Daily News and the six others, all owned by Alden Global Capital, claims the […]

Amazon, Microsoft face scrutiny from U.K. competition watchdog over recent AI deals

LONDON — British competition regulators said Wednesday they’ll scrutinize recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industry. The Competition and Markets Authority said it’s looking into Microsoft‘s partnership with France’s Mistral AI and the company’s hiring of key staff from another startup, Inflection […]

Microsoft Axes Nearly 2,000 Jobs After $69 Billion Deal

Turns out that spending $69 billion in a major acquisition deal can have dire consequences on the bottom line. Now — as cold as this may be — what’s the easiest way to massage that bottom line? Reducing payroll. And that’s exactly the strategy that Microsoft appears to be adopting after it announced a massive […]