Satya Nadella
OpenAI closes record-breaking $122 billion funding round as anticipation builds for IPO
CEO of OpenAI Sam Altman speaks during the 2026 Infrastructure Summit of government officials, corporate executives, and labor leaders, in Washington, D.C., U.S., March 11, 2026. Kylie Cooper | Reuters OpenAI on Tuesday announced that it closed a record-breaking funding round at a post-money valuation of $852 billion. The round totaled $122 billion of committed […]
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OpenAI calls out Microsoft reliance as risk in investor document ahead of expected IPO
OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026, in Washington. Anna Moneymaker | Getty Images In a document that resembles an IPO prospectus, OpenAI said its close ties with Microsoft could be a potential risk to its business, telling investors that the software company is responsible for “a substantial […]
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OpenAI’s data center pivot underscores Wall Street spending concerns ahead of IPO
Sam Altman, chief executive officer of OpenAI Inc., speaks during BlackRock’s 2026 Infrastructure Summit in Washington, DC, US, on Wednesday, March 11, 2026. Daniel Heuer | Bloomberg | Getty Images When OpenAI CEO Sam Altman took the stage at BlackRock’s U.S. Infrastructure Summit earlier this month, he acknowledged his company is facing a harsh reality: […]
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OpenAI preps for IPO by end of year, tells employees ChatGPT must be ‘productivity tool’
Fidji Simo, CEO of Instacart Inc., speaks during an interview in San Francisco, March 3, 2022. David Paul Morris | Bloomberg | Getty Images OpenAI is focusing employee and investor attention on its enterprise business as the artificial intelligence startup gears up to go public, potentially by the end of the year, CNBC has learned. […]
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Microsoft shakes up Copilot AI leadership team, freeing up Suleyman to build new models
Microsoft AI CEO Mustafa Suleyman speaks during an event highlighting Microsoft Copilot, the company’s AI tool, on April 4, 2025 in Redmond, Washington. The company also celebrated its 50th anniversary. Stephen Brashear | Getty Images News | Getty Images Microsoft said Tuesday that it’s bringing together the engineering groups for its commercial and consumer Copilot […]
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Sam Altman faced ‘serious questions’ in meeting with lawmakers about OpenAI’s defense work
OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026 in Washington, DC. Anna Moneymaker | Getty Images OpenAI CEO Sam Altman met with a handful of lawmakers in Washington, D.C. where Sen. Mark Kelly, D-Ariz., said he raised some “serious questions” about the company’s approach to warfare and its recent […]
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Microsoft top Office executive Rajesh Jha retiring after more than 35 years
Rajesh Jha, executive vice president of experiences and devices at Microsoft Corp., speaks at the Microsoft Build event in Seattle, Washington, US, on Tuesday, May 21, 2024. The event allows attendees to grow their skills in topics such as building copilots, generative AI, securing applications, cloud platforms, and low-code. Chona Kasinger | Bloomberg | Getty […]
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Nvidia makes ‘significant investment’ in Mira Murati’s Thinking Machines Lab
Mira Murati, then-chief technology officer of OpenAI, speaks during The Wall Street Journal’s WSJ Tech Live Conference in Laguna Beach, California, Oct. 17, 2023. Patrick T. Fallon | Afp | Getty Images Nvidia has made a “significant investment” in Mira Murati’s Thinking Machines Lab as part of a new multiyear strategic partnership, the companies announced […]
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Microsoft adds higher-priced Office tier with Copilot as it tries to juice sales with AI
FILE PHOTO: Judson Althoff, CEO of Microsoft’s commercial business, appears during an interview in San Francisco on Jan. 27, 2017. David Paul Morris | Bloomberg | Getty Images Microsoft is adding artificial intelligence to its Office productivity suite and charging 65% more for the upgraded offering, as the company tries to lure enterprise users to its […]
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OpenAI hardware leader resigns after deal with the Pentagon
Samuel Boivin | Nurphoto | Getty Images Caitlin Kalinowski, who oversaw hardware at OpenAI, announced her resignation on Saturday, citing concerns about the company’s agreement with the Department of Defense. In a social media post on X, Kalinowski wrote that OpenAI did not take enough time before agreeing to deploy its AI models on the […]
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