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Latest financial news and analysis from global markets
GOOGL
Google expands Pentagon partnership with AI deal for classified operations
Google (NASDAQ:GOOG) has entered into a new agreement with the U. S.
AMD
OpenAI Worries Spark Tech Stocks Selloff
Tech looked set to go from leader to laggard on Tuesday as investors fretted about OpenAI's user and revenue growth. The ChatGPT developer missed its own targets, causing executives to worry about whether it will be able to meet its spending commitments, The Wall Street Journal reported, citing people familiar with the matter.
INTC
OpenAI Worries Spark Tech Stocks Selloff
Tech looked set to go from leader to laggard on Tuesday as investors fretted about OpenAI's user and revenue growth. The ChatGPT developer missed its own targets, causing executives to worry about whether it will be able to meet its spending commitments, The Wall Street Journal reported, citing people familiar with the matter.
MSFT
Nvidia hits historic valuation milestone with record market cap
Nvidia (NASDAQ:NVDA) has reached an unprecedented milestone, achieving the highest market capitalization ever recorded by a publicly traded company. The chipmaker approached $5.
GOOGL
Nvidia hits historic valuation milestone with record market cap
Nvidia (NASDAQ:NVDA) has reached an unprecedented milestone, achieving the highest market capitalization ever recorded by a publicly traded company. The chipmaker approached $5.
NVDA
Nvidia hits historic valuation milestone with record market cap
Nvidia (NASDAQ:NVDA) has reached an unprecedented milestone, achieving the highest market capitalization ever recorded by a publicly traded company. The chipmaker approached $5.
AAPL
Nvidia hits historic valuation milestone with record market cap
Nvidia (NASDAQ:NVDA) has reached an unprecedented milestone, achieving the highest market capitalization ever recorded by a publicly traded company. The chipmaker approached $5.
MSFT
Microsoft faces UK antitrust challenge from Slack over Teams integration
Salesforce (NYSE:CRM), through its messaging platform Slack, has launched legal action against Microsoft (NASDAQ:MSFT) in London’s High Court, accusing the tech giant of anticompetitive conduct linked to its Teams software. The claim, filed on April 23 by Slack Technologies LLC and associated entities, alleges that Microsoft restricted competition by integrating Teams with its broader software offerings.
CRM
Microsoft faces UK antitrust challenge from Slack over Teams integration
Salesforce (NYSE:CRM), through its messaging platform Slack, has launched legal action against Microsoft (NASDAQ:MSFT) in London’s High Court, accusing the tech giant of anticompetitive conduct linked to its Teams software. The claim, filed on April 23 by Slack Technologies LLC and associated entities, alleges that Microsoft restricted competition by integrating Teams with its broader software offerings.
MSFT
OpenAI trial pitting Elon Musk against Sam Altman kicks off
A trial that could help shape the future of artificial intelligence begins on Tuesday, with billionaires Elon Musk and Sam Altman at odds over the evolution of ChatGPT maker OpenAI from a nonprofit to a profit-seeking juggernaut worth hundreds of billions of dollars. Opening statements in Musk's civil lawsuit against OpenAI and Altman will take place in the Oakland, California, federal court, following the selection on Monday of nine jurors. Musk claims that Altman and Greg Brockman, respectively OpenAI's chief executive and president, betrayed him and the public by abandoning the company's mission to be a benevolent steward of AI for the benefit of humanity, and turning it into a "wealth machine" for themselves and investors.
WMT
What is surveillance pricing and is it coming to a grocery store near you?
Canada’s top grocers have switched to electronic shelf labels instead of paper price tags. Could the technology enable individualized pricing?
MSFT
Big Tech investors to gauge payoff as AI spending set to hit $600 billion
Big Tech has spent hundreds of billions of dollars over three years to power the artificial intelligence boom. Quarterly results from Alphabet, Microsoft, Meta and Amazon - all due on Wednesday - will gauge if the sky-high spending on AI has driven enough growth in cloud computing and advertising to justify the cost. Amazon and Instagram-parent Meta have announced job cuts affecting thousands of workers, while Microsoft has come up with its first employee buyout program in more than five decades.