Activision Blizzard, Microsoft Extend Merger Agreement To October; Activision Declares Dividend

Microsoft CEO Satya Nadella Gets $79.1 Mln Pay In 2024, Up 63%

Microsoft Corp.'s Chairman and Chief Executive Officer Satya Nadella received a pay raise of around 63% in fiscal 2024, with most of the package being in the shares of the tech major. Meanwhile, the cash incentive was more than 50 percent lower than Nadella would have been awarded, following his request for a reduction amid recent security issues.

RTTNews | 6天前

OpenAI Unveils Canvas ChatGPT Interface To Write And Code

OpenAI, the maker of popular chatbot ChatGPT, announced the launch of canvas, a new interface for working with ChatGPT on writing and coding projects, more than the simple chat. Canvas, the new way to interact with ChatGPT, opens in a separate window, allowing the users and ChatGPT to collaborate on a project. According to the firm, Canvas is a new approach and the first major update to ChatGPT's

RTTNews | 27天前

Microsoft To Invest EUR 4.3 Bln In Italy To Boost AI, Cloud

Microsoft Corp. will be investing 4.3 billion euros in Italy in the next two years, aiming to expand the country's hyperscale cloud and artificial intelligence or AI datacenter infrastructure. In its largest investment in Italy to date, the tech giant said it will also provide digital skills training to more than 1 million Italians by the end of 2025.

RTTNews | 28天前

OpenAI Raises $6.6 Bln In Funding With $157 Bln Valuation

Chatbot ChatGPT maker OpenAI has raised $6.6 billion in its new funding round to accelerate its efforts in the artificial general intelligence or AGI for humanity's benefit, reaching post-money valuation at $157 billion. In a blog post, the Microsoft-backed AI startup noted that the new funding would allow it to double down on its leadership in frontier AI research, increase compute capacity...

RTTNews | 28天前

OpenAI To Restructure Non-profit Control, Give CEO Sam Altman Equity; CTO Resigns

Chatbot ChatGPT maker OpenAI, which was founded as a non-profit to build safe and beneficial artificial general intelligence or AGI for the benefit of humanity, is considering plans to restructure its core business to become a for-profit benefit business, aiming to attract more investors, reports said citing sources familiar with the matter. Co-founder and Chief executive Sam Altman will also...

RTTNews | 35天前

CrowdStrike Says Significant Number Of Impacted Windows Devices Back In Operation; Stock Down

CrowdStrike Holdings, Inc., the cybersecurity firm behind the 'largest IT outage in history' is continuing with its downward stock movement, even after the firm informed that a significant number of the impacted Microsoft Windows devices are back online and operational. The faulty software update had knocked out around 8.5 million computers globally and resulted in chaos in many major sectors incl

RTTNews | 101天前

Microsoft, Crowdstrike Stocks Hit On Windows Outage; Crowdstrike Says Fix Deployed

Shares of tech major Microsoft Corp. were losing around 2 percent and cybersecurity company Crowdstrike were down 13 percent in the pre-market trading on the Nasdaq following global outage that hit millions around the world. Microsoft Windows users across the world are facing severe outage as they get the Blue Screen of Death or BSOD error, which causes the system to suddenly shut down or restart.

RTTNews | 104天前

U.K's CMA Opens Probes Against Microsoft's Hiring Of Former Inflection AI Employees

The United Kingdom's Competition and Markets Authority or CMA, announced Tuesday that it has opened an investigation against Microsoft Corp.'s (MSFT) hiring of certain former employees of Inflection AI, Inc. and its entry into associated arrangements with Inflection.

RTTNews | 107天前

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