Microsoft has revealed plans to lay off 1,900 employees at Activision Blizzard and Xbox. This move, constituting approximately 8% of the Microsoft Gaming division, comes just three months after the completion of Microsoft's $68.7 billion acquisition of Activision Blizzard.
The internal memo...
In a recent Nasdaq trading session, Microsoft has temporarily claimed the title of the world's most valuable public company, surpassing Apple in market capitalization. The surge in Microsoft's stock value is attributed to its consistent momentum in the realm of artificial intelligence (AI)...
In a historic moment, Taylor Swift secures the fifth spot in Forbes' 20th Annual Ranking of The World’s 100 Most Powerful Women, becoming the first entertainer to land in the top five.
European Commission President Ursula von der Leyen maintains her position at the pinnacle for the second...
In a shocking announcement on X, Binance Chief Executive Changpeng Zhao revealed his resignation following a guilty plea to money laundering violations. Zhao expressed remorse, stating, "I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for...
Sam Altman, co-founder of OpenAI, is set to reclaim his position as CEO just days after being ousted by the board. The unexpected reversal comes amid a public outcry from OpenAI staff, who threatened mass resignations unless Altman was reinstated.
The tech company revealed an "agreement in...
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Hundreds of OpenAI employees are considering leaving the artificial intelligence giant to join Microsoft, following the departure of co-founder Sam Altman. Altman, who was ousted from OpenAI, is set to establish an AI subsidiary at Microsoft.
A letter, signed by some...
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Microsoft has appointed former OpenAI co-founders, Sam Altman and Greg Brockman, to head a groundbreaking AI research team, following Altman's dismissal from OpenAI's board. Despite the unexpected decision by OpenAI, Microsoft's CEO Satya Nadella expressed confidence in...
Image Credit: TechCrunch
OpenAI, the influential artificial intelligence research laboratory, announced on Friday that it has removed its co-founder and CEO, Sam Altman, following a review that revealed he was "not consistently candid in his communications" with the board of directors. The...
Flexible office-space provider WeWork, which was once valued at a staggering $47 billion and attracted investments from industry giants like SoftBank, BlackRock, and Goldman Sachs, has filed for Chapter 11 bankruptcy protection. In an astonishing twist of fortune, WeWork listed over $18.6...
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Sam Bankman-Fried, the former luminary of the cryptocurrency industry and the man hailed as the "King of Crypto," has been declared guilty of fraud and money laundering after a month-long trial in New York. The verdict, delivered after a...
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