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SC refuses to reopen 2021 ruling exempting foreign software payments from royalty taxThe Supreme Court has once again dismissed the income tax department's review petitions concerning the taxation of software payments to non...
Microsoft stock price, earnings, investor relations and quarterly cloud revenue growth fall after cloud results and AI spending updatesMicrosoft stock price, earnings, investor relations and quarterly cloud revenue growth remained in focus after the company reported Azure g...
What the OpenAI-AWS partnership means for enterprisesOpenAI's Codex model is now available on Amazon Bedrock, a generative AI service from AWS. This integration allows businesses to leverage p...
Accenture to roll out Copilot to all 743,000 employees in boost for MicrosoftMicrosoft's Copilot 365 AI assistant is now available to all Accenture employees. This is the largest enterprise deal for the chatbot. Acce...
OpenAI's latest AI models, Codex available on Amazon Bedrock, day after Microsoft deal loosensOpenAI is now available on Amazon's cloud. This move follows a contract change with Microsoft. OpenAI's AI models and coding agent can be a...
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 ...
From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand boomsTech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $...
Nvidia's $20 billion Groq deal queried by senators Elizabeth Warren, Richard BlumenthalTwo Democratic senators are probing Nvidia Corp.’s $20 billion licensing deal with AI startup Groq over possible antitrust concerns. Elizab...
US Stocks: Microsoft considers legal action over $50 billion Amazon-OpenAI cloud deal: ReportMicrosoft is considering legal action against its partner OpenAI and Amazon over a $50 billion deal that could violate its exclusive cloud ...
Jio's IPO prep; Nazara Technologies' fresh betsReliance Industries has roped in 17 top banks for the planned Jio Platforms IPO. This and more in today's ETtech Top 5.
Microsoft considers legal action over $50 billion Amazon-OpenAI cloud deal: ReportLast month, Amazon and OpenAI signed several agreements, including one that makes Amazon Web Services (AWS) the exclusive third-party cloud...
OpenAI products for third parties will be exclusively on Azure: Satya NadellaOpenAI's restructuring allows for-profit product development with third parties, but these offerings will exclusively run on Microsoft's Az...
Why are Microsoft shares rising today, has OpenAI anything to do with it? Here's the latestMicrosoft shares went up after a new deal with OpenAI. The agreement makes their AI and cloud partnership stronger and gives both companies...
Microsoft, OpenAI reach non-binding deal to allow OpenAI to restructureDetails on the new commercial arrangements were not disclosed, but the companies said they were working to finalize terms of a definitive a...
Democratic US senators question Google and Microsoft's AI dealsThe US Federal Trade Commission issued a staff report in January, before US President Donald Trump took office, on a study into partnership...
Why did Google ask FTC to nix Microsoft-OpenAI pactGoogle has urged the Federal Trade Commission to intervene in Microsoft's exclusive cloud deal with OpenAI, citing potential cost increases...
Google asks FTC to break up Microsoft's cloud deal with OpenAI: reportTech companies that compete with Microsoft in renting out cloud servers, such as Google and Amazon, also want to host OpenAI's models so th...
HCLTech wins TIBCO deal, 400 employees to be rebadgedClose to 400 professional services employees from Cloud Software Group with expertise in TIBCO products will transition to HCLTech, bringin...
Recalled from duty, not enough trustBritain's Competition and Markets Authority (CMA) has blocked Microsoft's $68.7 billion deal to buy Activision Blizzard over concerns that ...
Apple, IBM to develop cloud services & Apps for iPhones, iPadsThe agreement will also allow the New York-based software maker to sell iPhones and iPads with solutions targeting enterprise clients.