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Microsoft's decision to give up OpenAI board observer seat doesn't quell key concerns
CNBC· 2024-07-12 05:41
Microsoft CEO Satya Nadella (R) speaks as OpenAI CEO Sam Altman (L) looks on during the OpenAI DevDay event in San Francisco on Nov. 6, 2023.Microsoft has given up its observer seat on OpenAI's board. Apple, which was reportedly expected to take a similar observer position, will no longer pursue one, according to the Financial Times. But whatever clarity this week's changes were intended to provide, many of the same concerns persist.Regulators aren't turning away, and for those focused on ethics in artifici ...
This Top Warren Buffett Stock Is Helping Microsoft Solve a Big Problem
The Motley Fool· 2024-07-11 17:26
Microsoft and Occidental are striving to be part of the solution to climate change.Carbon dioxide emissions are a big problem. They're a contributing factor to climate change and global warming. It's leading companies worldwide to work hard to reduce their emissions and prevent the rise in global temperatures from exceeding 1.5 degrees Celsius by 2050. That's the level many fear would cause more risks to natural and human systems. 1PointFive Energy, a subsidiary of oil giant Occidental Petroleum (OXY 0.64%) ...
Microsoft and Apple Are Rock-Solid Dow Dividend Stocks, but So Are These 3 Blue Chip Stocks That Paid a Combined $29 Billion in Dividends Over the Last Year
The Motley Fool· 2024-07-11 16:15
It's easy to overlook the benefits of dividend stocks when the S&P 500 is soaring to new heights.The Dow Jones Industrial Average is home to 30 blue chip companies -- many of which pay dividends. Dow components Microsoft and Apple may not have the highest yields, but they are so massive that they have some of the highest dividend expenses among U.S.-based companies.JPMorgan Chase (JPM 0.08%), UnitedHealth Group (UNH 1.79%), and Home Depot (HD 2.10%) are three industry-leading Dow components that paid a comb ...
To-Increase Becomes STAEDEAN: Rebranding to Revolutionize Software Delivery with Microsoft AI
Amsterdam, The Netherlands, July 11, 2024 (GLOBE NEWSWIRE) -- To-Increase, a leading global SaaS provider for Microsoft Dynamics 365 business applications, is proud to announce its rebranding to STAEDEAN (pronounced: STAY-DEE-en). This strategic move follows the acquisition of AX for Pharma in April 2023 and reflects the company's unwavering commitment to innovation and superior customer service. The rebranding to STAEDEAN marks a significant milestone in the company's journey, heralding a new era of growth ...
Indegene Announces Strategic Collaboration with Microsoft to Help Life Sciences Companies Scale Up Generative AI Adoption and Accelerate Business Impact
PRINCETON, N.J. and BENGALURU, India, July 11, 2024 (GLOBE NEWSWIRE) -- Indegene today announced a strategic collaboration with Microsoft to empower global life sciences companies to scale up the adoption of purpose-built, enterprise-grade Generative AI (GenAI) services, thereby driving faster innovation at scale. Indegene and Microsoft have committed to developing resources in highly specialized and skilled medical and technology tools to co-innovate generative AI services and workflows across commercial, ...
Best Tech Stocks To Buy Now? 2 For Your July 2024 List
The tech sector is a dynamic component of the stock market. It’s known for its innovative companies and potential for high returns. Additionally, tech stocks, which include giants like Apple (NASDAQ: AAPL) and smaller startups, are popular for their growth prospects in areas such as software, hardware, and internet services. These stocks are often the first to benefit from new technological advancements and increased digitalization in society.However, investing in tech stocks comes with its set of challenge ...
ChatGPT-4o sets 12-month MSFT price as Microsoft exits OpenAI's board
Finbold· 2024-07-10 23:52
Technology giant Microsoft (NASDAQ: MSFT) has rallied in recent months, mainly due to its involvement in the artificial intelligence (AI) scene.Indeed, part of the company’s AI venture was driven by its investment in OpenAI, the firm behind the successful generative AI tool ChatGPT. Microsoft is now under the spotlight after announcing its exit from the OpenAI board.This decision was made to ease US and UK antitrust regulators’ concerns about the extent of its control over the AI startup. Considering that O ...
Microsoft settles with European cloud trade body over antitrust complaints
TechCrunch· 2024-07-10 23:39
Microsoft has reached an agreement with Cloud Infrastructure Services Providers in Europe (CISPE), nearly two years after the European not-for-profit trade association filed an antitrust complaint with the European Commission (EC) alleging that Microsoft was using its market dominance in the business software realm to tether customers to its Azure cloud.Settlement discussions kicked off in April last year as Microsoft sought to keep regulators at bay, though neither party would reveal what the proposed chan ...
Microsoft, Apple Step Back From OpenAI Board Amid Antitrust Push
Investopedia· 2024-07-10 21:10
Key TakeawaysMicrosoft reportedly has given up its non-voting board seat on OpenAI's board just eight months after taking it.Apple reportedly will also opt out of taking a similar role observing the startup's board after announcing a partnership with OpenAI at its annual WWDC event last month.The decisions come as antitrust efforts against big tech have stepped up in recent months, with regulators in the U.S. and internationally accusing tech giants of wielding monopoly power. Microsoft (MSFT) has reportedl ...
Microsoft gives up seat on ChatGPT developer Open AI's board
Proactiveinvestors NA· 2024-07-10 19:34
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...