Articles for tag: AI monopoly, Competition, Elon Musk, generative AI, Lawsuit, Microsoft, OpenAI

Market News

AI

Elon Musk’s lawsuit accuses Microsoft and OpenAI of creating a monopoly, alleging they “starve” AI talent through lavish compensation.

Elon Musk has updated his lawsuit against OpenAI to include Microsoft, claiming they have formed a monopoly in the AI industry. The lawsuit also names Reid Hoffman, a Microsoft board member, as a defendant. Musk accuses OpenAI of trying to weaken competitors by offering their employees lucrative pay packages, with estimates suggesting OpenAI may spend ...

Market News

AI

Microsoft introduces AI-powered Rewrite feature in Notepad, transforming text with customizable edits, now available for Windows Insiders.

Microsoft is bringing exciting AI capabilities to Notepad in Windows 11 with a new Rewrite feature. Currently available to Windows Insiders, this tool uses AI to enhance your writing by allowing you to revise sentences, adjust tone, and change the length of your text. To use it, simply select your text, choose the Rewrite option, ...

Market News

AI

Microsoft’s AI business is poised to exceed $10 billion, rapidly transforming industries amid challenges in scaling infrastructure to meet demand.

Microsoft’s focus on artificial intelligence is driving significant growth, with expectations of surpassing $10 billion in annual revenue soon, the fastest in the company’s history. CEO Satya Nadella highlighted the transformative impact of AI across various business processes. Many large companies are adopting Microsoft’s AI tools, with nearly 70% of Fortune 500 firms using the ...

Market News

AI

Microsoft delays its controversial AI Recall feature to December amid privacy concerns and user backlash, raising questions about its future.

Microsoft has delayed the launch of its AI-powered Recall feature, initially set for October, now scheduled for December. Recall is designed to capture snapshots of users’ screen activities in Windows, but has faced pushback due to privacy concerns. Brandon LeBlanc, a senior product manager, emphasized the need for a secure experience, prompting further refinements before ...

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