In the last few years or so, we have witnessed Microsoft laying off thousands of its employees. Back in 2023, the Redmond ...

The Trump administration is already gearing up for another round of Medicare drug price negotiations, while OpenAI launched a ...

Klarna CEO Sebastian Siemiatkowski told CNBC his company has shrunk its workforce by about 40%, in part due to its ...

SoftBank posts first positive earnings in 4 years. Click to read more about key risks, $40B OpenAI investment, ARM's high ...

The job cuts are part of Microsoft's broader effort to control expenses while advancing its investments in AI.

Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%.

A central issue in the negotiations is determining how much equity Microsoft will receive in the restructured OpenAI in ...

Microsoft is reportedly in the process of reworking its partnership, willing to give up some equity to continue accessing ...

Chat-GPT-parent OpenAI made plans over the weekend to renegotiate its partnership with Microsoft to shift to a public benefit ...

OpenAI and Microsoft are renegotiating the terms of their multibillion-dollar partnership to enable OpenAI to pursue a future ...

Investors are psyched over the US and China tariff reprieve, and Hungary might block the EU’s plans to continue sanctioning Russia, but Brussels has a plan B. Plus, Microsoft is complicating OpenAI’s ...

Microsoft has been an important funder of OpenAI in recent years. However, the relationship is said to be strained. The ...