Chris Young, Microsoft’s head of business development and its venture unit, resigned from his role on Wednesday, the company said. Young led Microsoft’s M12 venture fund, and was what’s known as a named officer. Microsoft’s other named officers include CFO Amy Hood, top lawyer and vice chair Brad Smith, head of sales Judson Althoff, and […]
Microsoft’s head of venture has resigned Read More »
Salesforce CEO Marc Benioff was literally chuckling when talking to CNBC from Davos about the new rift in Microsoft’s relationship with OpenAI. As part of OpenAI’s plans to team up with SoftBank and Oracle on a $500 billion data center project called Stargate, Microsoft is no longer the exclusive cloud provider for OpenAI. “I think
Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. OpenAI is making gains at the expense of its chief rivals. On Tuesday, the company announced the Stargate Project, a new joint venture involving Japanese conglomerate SoftBank, Oracle, and others to build AI infrastructure for OpenAI in
This Week in AI: OpenAI gains an invaluable infrastructure advantage Read More »
Microsoft was once the exclusive provider of data center infrastructure for OpenAI to train and run its AI models. No longer. Coinciding with the announcement of Stargate, OpenAI’s massive new AI infrastructure deal with SoftBank, Oracle, and others, Microsoft says it has signed a new agreement with OpenAI that gives it “right of first refusal”
Microsoft is no longer OpenAI’s exclusive cloud provider Read More »
The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies and generative AI developers — specifically, Microsoft’s backing of OpenAI and Amazon and Alphabet/Google’s partnerships with Anthropic. “The FTC’s report sheds light on how partnerships by big tech firms can create lock-in,
FTC says partnerships like Microsoft-OpenAI raise antitrust concerns Read More »
Microsoft is launching a pay-as-you-go plan for corporate customers that bundles together several, but not all, of the company’s existing AI-powered productivity features for Microsoft 365. The new plan, Copilot Chat — not to be confused with Microsoft’s Copilot Business Chat or GitHub Copilot Chat — is underpinned by OpenAI’s GPT-4o AI model and lets
Microsoft’s newest Copilot plan for business is pay-as-you-go Read More »
Microsoft has created a new engineering org aimed at accelerating AI infrastructure and software development within the company. According to Bloomberg, Jay Parikh, previously VP and global head of engineering at Meta, will lead the new division. He’ll report to Microsoft CEO Satya Nadella, and oversee groups including the company’s AI platform and developer teams.
Microsoft forms new internal dev-focused AI org Read More »
Microsoft has taken legal action against a group the company claims intentionally developed and used tools to bypass the safety guardrails of its cloud AI products. According to a complaint filed by the company in December in the U.S. District Court for the Eastern District of Virginia, a group of unnamed 10 defendants allegedly used
Microsoft accuses group of developing tool to abuse its AI service in new lawsuit Read More »
Ahead of the holidays, Microsoft said it was upgrading the AI model behind Bing Image Creator, the AI-powered image editing tool built into the company’s Bing search engine. Microsoft promised that the new model — the latest version of OpenAI’s DALL-E 3 model, code-named “PR16” — would allow users to create images “twice as fast
Microsoft announced a sweeping series of artificial intelligence partnerships across India’s core sectors on Wednesday, a day after pledging to invest $3 billion in the country over the next two years as it intensifies competition with rivals Google and Amazon. The tech giant’s chief executive Satya Nadella (pictured above) unveiled agreements with five major organizations
Microsoft backs its $3B AI push in India with public and private sector deals Read More »
