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

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

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

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

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 ...

According to a report in The Wall Street Journal, a consortium of investors led by Elon Musk is offering to buy the nonprofit ...