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OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...- OpenAI files for US IPO after Anthropic as AI giants head to public marketsAI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...
- SpaceX IPO: Elon Musk's AI ambitions fueling space data centers & trillionaire dreamsSpaceX's upcoming IPO, fueled by immense investor demand, could propel Elon Musk to trillionaire status. Beyond its space ambitions, the co...
- Hidden OpenAI secrets and billion-dollar AI stakes: Is Sam Altman’s Musk courtroom battle Big Tech’s biggest warning yet as the CEO takes the witness stand today?OpenAI CEO Sam Altman is expected to take the witness stand today, Tuesday, May 12, in the high-profile legal battle between Elon Musk and ...
- Microsoft boss Satya Nadella to testify on his role in OpenAI's foundingMicrosoft CEO Satya Nadella is expected to take the stand Monday in Elon Musk's lawsuit against OpenAI, to explain emails that revealed how...
- Pixxel & Sarvam take AI to orbit; Fintechs flock to Gift CityHappy Tuesday! Spacetech startup Pixxel is joining forces with AI company Sarvam to launch an orbital data centre satellite — bringing comp...
- Jane Street employees set to get $2.68 million payout after record revenue haulJane Street Group surged to the top of Wall Street with record trading revenue and $9.38 billion in compensation. Its unconventional struct...
- Microsoft facing UK antitrust lawsuit from Slack over Teams 'bundling'Salesforce and its app Slack have filed a lawsuit against Microsoft in London. They accuse Microsoft of anticompetitive practices with its ...
- Musk–Altman trial opens: Revisiting OpenAI’s shift from nonprofit to for-profitA major legal battle begins Tuesday in Oakland. Elon Musk is suing Sam Altman and OpenAI. Musk claims OpenAI abandoned its nonprofit roots ...
- Microsoft must face $2.8 billion UK lawsuit over cloud computing licencesA London tribunal has allowed a mass lawsuit against Microsoft. Thousands of British businesses claim they were overcharged for Windows Ser...
- Microsoft fights $2.8 billion UK lawsuit over cloud computing licencesMicrosoft faces accusations of overcharging nearly 60,000 UK businesses for using Windows Server on rival cloud platforms like Amazon, Goog...
- Salesforce sued by authors over artificial intelligence softwareSalesforce faces a proposed class action lawsuit from two authors alleging the company used thousands of copyrighted books without permissi...
- Netflix sues Broadcom's VMware over US virtual machine patentsBroadcom and Netflix have been embroiled in a separate patent dispute since 2018 over Netflix's alleged infringement of Broadcom patents re...
- Microsoft faces wide-ranging US antitrust probeThe FTC is probing Microsoft's software licensing and cloud practices. The investigation focuses on potential anti-competitive behavior. Mi...
- Samsung ordered to pay $118 million for infringing Netlist patentsNetlist sued Samsung in 2022, alleging that the Korean tech giant's memory modules used in cloud computing servers and other data-intensive...
- Amazon owes $525 million in cloud-storage patent fight: US juryThe jury determined that AWS infringed three Kove patents covering technology that Kove said had become "essential" to the ability of Amazo...
- Meta sues ex-VP Dipinder Singh Khurana, here's whyMeta, the parent company of Facebook, has filed a lawsuit against its former Vice President of Infrastructure, Dipinder Singh Khurana, also...
- ChatGPT one year on: From viral AI bot to OpenAI's boardroom battleStill, its uncannily human-like responses have taken the world by storm in the past year. And while it has answered millions of user prompt...
- Google to open new office in Pune later in 2022Google is opening a new office in Pune, by the second half of 2022. The company will hire teams in cloud product engineering, technical sup...
- Microsoft wins $21.9 billion contract with US Army to supply augmented reality headsetsOver the past two years, Microsoft has worked with the Army to on the prototyping phase of what is called the Integrated Visual Augmentatio...
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