Domestic stock markets opened under heavy selling pressure on Friday amid heightened global market volatility, triggered ...

AI startup Perplexity signed a $750 million deal with Microsoft Corp. to use its Azure cloud service, spreading its business ...

Tech groups have lined up to invest in the ChatGPT maker as its strength will directly impact their own businesses ...

Amazon is reportedly negotiating a potential $50 billion investment in OpenAI, led by CEO Andy Jassy. This deal could significantly boost OpenAI's valuation to an estimated $830 billion.

Apple expects revenue for its fiscal second quarter to grow 13 per cent to 16 per cent, versus a 10 per cent rise that ...

Amazon is reportedly in talks to invest as much as $50 billion into Sam Altman’s OpenAI -- in what would be a bombshell bet on the ChatGPT creator.

Amazon’s talks could make it one of OpenAI’s biggest backers as the AI company continues to forge ahead with plans for an IPO ...

The bull case is that Microsoft's significant spending to build out its cloud computing business will eventually accelerate the company's ability to convert its swelling commercial RPOs into revenue, ...

Microsoft saw its share prices drop by 10 percent on Thursday to close at $433.50 apiece as investors resorted to a ...

Microsoft dropped 10%, shedding more than $350 billion in market value after its cloud business failed to impress, while Meta gained 10%.

AI startup Perplexity has signed a $750 million Azure deal with Microsoft while keeping Amazon AWS as its main cloud partner in a growing multi-cloud AI push.

Today, we have staggering but somehow unsurprising news of money approaching a total of $200 billion being pumped into AI and ...