In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, ...

OpenAI may have billions of dollars in the bank. But it's gearing up to raise billions more, according to a Wall Street ...

Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.

The software giant posted earnings just days after the tech sector was sent reeling by the debut of the Chinese AI chatbot ...

Microsoft confirmed it will bring the DeepSeek R1 model to Azure cloud and GitHub in a move that it hopes will lessen its ...

The race to develop AI has already rewritten the traditional rules of finance, with Big Tech leading the charge.

Enterprise AI workloads and OpenAI training consumed Azure resources last year. “We have been short power and space,” CFO Amy Hood said.

We continue to believe that Microsoft remains uniquely positioned to monetize the vast new AI opportunity across applications,” writes BofA Securities analyst Brad Sills.

The cause of investors’ panic was DeepSeek, an obscure Chinese hedge fund turned AI startup that has blown analysts away with ...

OpenAI is in talks for an investment round to raise nearly $40 billion that would value the AI startup at up to $340 billion, ...

Shares of tech giant Microsoft (NASDAQ:MSFT) fell 6.3% in the morning session after the company reported fourth quarter ...