Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...

OpenAI CEO Sam Altman gave an unequivocal answer at a conference in Paris today when asked whether his company was for sale following a surprise $97.4 billion bid by an Elon Musk-led investor group.

The best outcome for Microsoft would be to use this moment to double-down on its own homegrown AI initiatives, while making ...

Ownership of the nonprofit side of the business could give a Musk-led group a significant stake in the for-profit company.

The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.

The offer complicates Sam Altman's plans to convert OpenAI to a for-profit company, the Wall Street Journal reported.

The feud between Elon Musk and Sam Altman has become one of the bitterest rivalries in business history. Here's how it all ...

Philanthropy helped build artificial intelligence as a nonprofit research field. But as costs soar and corporations take over ...

MICROSOFT said on Wednesday that its profit for the October-December quarter grew 10 percent as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence ...

A group of investors led by Elon Musk has offered to buy the nonprofit that controls OpenAI for $97.4 billion, escalating a ...

Elon Musk’s consortium has offered $97.4 billion to buy the nonprofit controlling OpenAI, escalating tensions with CEO Sam Altman. Musk’s bid aims to prevent OpenAI from becoming for-profit, ...

OpenAI co-founder and CEO Sam Altman was quick with a quippy shutdown to Elon Musk's unsolicited bid Monday to buy the ...