Enterprise
OpenAI will retire several models, including GPT-4o, from ChatGPT next month
Sam Altman, OpenAI CEO, speaks during a media tour of the Stargate data center in Abilene, Texas, on Sept. 23, 2025. Stargate is a collaboration of OpenAI, Oracle and SoftBank, with promotional support from President Donald Trump, to build data centers and other infrastructure for artificial intelligence throughout the U.S. Kyle Grillot | Bloomberg | […]
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Microsoft lost $357 billion in market cap as stock plunged most since 2020
Microsoft CEO Satya Nadella gestures as he speaks during the World Economic Forum meeting in Davos, Switzerland, on Jan. 20, 2026. Fabrice Coffrini | Afp | Getty Images Microsoft shares slid about 10% on Thursday following an earnings report that disappointed some investors, prompting the stock’s sharpest daily decline since March 2020. The move trimmed […]
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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 after showing signs that investments in AI is boosting the bottom line, while Microsoft shares dropped as the company struggled to justify recent spending plans to investors and showed a slowdown in its cloud […]
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ServiceNow falls 4% despite better-than-expected fourth-quarter results
ServiceNow CEO Bill McDermott looks on during an “Invest America” roundtable discussion with US President Donald Trump in the State Dining Room of the White House in Washington, DC on June 9, 2025. Brendan Smialowski | AFP | Getty Images ServiceNow topped Wall Street’s fourth-quarter estimates after the bell on Wednesday, but shares fell more […]
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Microsoft earnings are out – here are the numbers
Microsoft CEO Satya Nadella speaks at the World Economic Forum in Davos, Switzerland, on Jan. 20, 2026. Krisztian Bocsi | Bloomberg | Getty Images Microsoft shares fell 7% in extended trading on Wednesday after the software maker issued quarterly results that were healthier than analysts had anticipated. Here’s how the company performed in comparison with […]
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Ex-Palantir engineer raises $40 million for cyber startup Outtake, with backing from Microsoft CEO Nadella
Alex Dhillon, CEO and founder of Outtake Courtesy: Abiola Familusi Alex Dhillon spent almost five years at Palantir before leaving to build cybersecurity startup Outtake. Now his former boss is helping fuel his new company’s growth, alongside a roster of investors that includes Microsoft CEO Satya Nadella. Outtake, which counts OpenAI and Bill Ackman’s Pershing […]
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Anthropic closes latest funding round above $10 billion and could go higher, sources say
CEO and Co-Founder of Anthropic Dario Amodei speaks during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. Denis Balibouse | Reuters Anthropic has closed its latest funding round above the initial $10 billion target at a $350 billion valuation, CNBC confirmed on Tuesday. The round closed at a total […]
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Tech’s massive AI spend is under scrutiny ahead of earnings. Here’s what to watch
From left, Mark Zuckerberg, CEO of Meta Platforms; Lauren Sanchez; Jeff Bezos, founder of Amazon.com; Sundar Pichai, CEO of Alphabet; and Elon Musk, CEO of Tesla, during the 60th presidential inauguration in the rotunda of the Capitol in Washington, Jan. 20, 2025. Julia Demaree Nikhinson | Bloomberg | Getty Images If 2025 was the year […]
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Chinese tech giant Tencent plots Middle East cloud expansion as spending in the region booms
The Tencent logo is displayed on the exterior of a building at the company’s headquarters, with a surveillance camera visible in the foreground, on November 30, 2024, in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images Tencent plans to expand its data center footprint in the Middle East, a top […]
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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 | Reuters Local officials have signed off on Microsoft’s plans to build 15 more data centers in Mount Pleasant, Wisconsin, near an existing site that the technology company is expanding. Additional data center capacity will allow […]
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