Microsoft Xbox chief Phil Spencer retires, replaced by AI executive Asha Sharma
Microsoft's head of gaming, Phil Spencer, is leaving the software maker following a 38-year tenure, as the company's Xbox business...
Enterprise
OpenAI resets spending expectations, tells investors compute target is around $600 billion by 2030
Sam Altman, CEO of OpenAI, is pictured on Sept. 25, 2025, in Berlin.Florian Gaertner | Photothek | Getty ImagesOpenAI is...
Palo Alto Networks slumps 6% as third-quarter profit guidance falls short
Palo Alto Networks beat Wall Street's fiscal second-quarter estimates after the bell on Tuesday but shares fell 6% on disappointing...
Altman and Pichai among tech CEOs heading to India for major AI summit in a key market
US President Joe Biden looks on as India's Prime Minister Narendra Modi speaks during a meeting with senior officials and...
Elon Musk's xAI faces threat of NAACP lawsuit over air pollution from Mississippi data center
Nikolas Kokovlis | Nurphoto | Getty ImagesElon Musk's xAI, which merged with SpaceX last week, is facing increased pressure from...
Alphabet calls out new AI-related risks, as it taps debt market to fund buildout
Google CEO Sundar Pichai gestures to the crowd during Google's annual I/O developers conference in Mountain View, California, on May...
Amazon stock falls 10% on $200 billion spending forecast, earnings miss
Amazon shares plunged more than 10% in extended trading Thursday after the company posted mixed fourth-quarter earnings, and boosted its...
OpenAI launches standalone Codex app for Apple computers
Zoom In IconArrows pointing outwardsOpenAI's new Codex app.Courtesy of OpenAIOpenAI on Monday launched a standalone app for its artificial intelligence-powered...
Meta and Microsoft are making big moves in opposite directions after earnings
It's a tale of two different megacaps so far this earnings season when it comes to artificial intelligence.Meta Platforms surged...
Microsoft stock drops on slowing cloud growth, light margin guidance
Chairman and CEO of Microsoft Satya Nadella delivers a speech during the World Economic Forum (WEF) Annual Meeting in Davos,...
Microsoft's plans for 15 more data centers win approval at former Wisconsin Foxconn site
The Microsoft data center campus, currently under construction, is reflected in Mount Pleasant, Wisconsin, September 18, 2025.Audrey Richardson | ReutersLocal...
OpenAI seeking investments from Middle East sovereign wealth funds for multibillion-dollar round
Sam Altman, co-founder and CEO of OpenAI, takes part in a panel discussion on artificial intelligence at the Technical University...
Oracle announces departure of two oldest directors, narrowing board to 12
George Conrades, then chairman and CEO of Akamai Technologies, listens during a meeting of the National Infrastructure Advisory Council in...
Microsoft revealed as company behind controversial data center proposal in Michigan township
Microsoft CEO Satya Nadella speaks during the Future Decoded Tech Summit in Bengaluru, India, on Feb. 25, 2020. Microsoft will...
Exclusive: Nvidia buying AI chip startup Groq's assets for about $20 billion in largest deal on record
Jonathan Ross, chief executive officer of Groq Inc., during the GenAI Summit in San Francisco, California, US, on Thursday, May...
ServiceNow's deal blitz gives it an 'AI control tower,' CEO McDermott tells CNBC
ServiceNow will acquire cybersecurity startup Armis in a cash deal valued at $7.75 billion, the company said Tuesday.The enterprise software...
Oracle stock jumps 5% as cloud provider joins investor group to run TikTok's U.S. business
Oracle's stock jumped about 5% Friday after the cloud provider joined a group of investors slated to lead TikTok's U.S....
Micron stock pops 12% as AI memory demand soars: 'We are more than sold out'
The Micron logo is seen displayed at the 8th China International Import Expo. Sheldon Cooper | Lightrocket | Getty ImagesMicron...
Visa says new AI shopping tool has helped customers with hundreds of transactions
Mustafa Hatipoglu | Anadolu | Getty ImagesVisa said on Thursday that it successfully completed hundreds of AI transactions as part...
OpenAI in talks with Amazon about investment that could exceed $10 billion
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene,...
