OpenAI may have billions of dollars in the bank. But it's gearing up to raise billions more, according to a Wall Street ...

Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.

The software giant posted earnings just days after the tech sector was sent reeling by the debut of the Chinese AI chatbot ...

Microsoft confirmed it will bring the DeepSeek R1 model to Azure cloud and GitHub in a move that it hopes will lessen its ...

The race to develop AI has already rewritten the traditional rules of finance, with Big Tech leading the charge.

Enterprise AI workloads and OpenAI training consumed Azure resources last year. “We have been short power and space,” CFO Amy Hood said.

We continue to believe that Microsoft remains uniquely positioned to monetize the vast new AI opportunity across applications,” writes BofA Securities analyst Brad Sills.

Leaders at Microsoft and Meta told investors that China’s DeepSeek doesn’t harm their businesses and that they will still ...

The cause of investors’ panic was DeepSeek, an obscure Chinese hedge fund turned AI startup that has blown analysts away with ...

Top White House advisers this week expressed alarm that China’s DeepSeek may have benefited from a method that allegedly ...

SoftBank is in talks to invest $25B in OpenAI, aiming to become a top AI backer. This comes as OpenAI shifts toward a ...