OpenAI strikes new deal with Microsoft
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The company is seeing more demand for its cloud computing and AI services than it can keep up with, a challenge that is supercharging profits.
Microsoft Corp. is still suffering from a computing capacity crunch despite massive spending on data centers, a scenario that weighed on the company’s closely watched Azure cloud unit.
The company reported that it spent a higher-than-expected $34.9 billion in capital expenditures during its quarter.
Microsoft and OpenAI unveil a deal extending IP rights, adding independent AGI verification, and giving both sides more freedom while maintaining Azure ties.
Microsoft briefly hit $4 trillion on July 31 before closing just short of the milestone. Shares have stagnated for much of the time since then, but the stock has now climbed for e
Microsoft confirmed on Wednesday that it is investigating a major outage that left many users unable to access Microsoft 365 Cloud services and Office.com. The disruption, which began earlier in the day,