Sam Altman to Return as OpenAI CEO Days After Ouster, Microsoft’s Satya Nadella Calls It ‘Essential Step’

Sam Altman to Return as OpenAI CEO Days After Ouster, Microsoft’s Satya Nadella Calls It ‘Essential Step’

OpenAI on Tuesday said it reached an agreement for Sam Altman to return as CEO days after his ouster, capping frenzied discussions about the future of the startup at the center of the artificial intelligence boom. In addition to Altman’s return, the company agreed in principle to partly reconstitute the…

Microsoft CEO Says Google Locking Up Content Needed to Train AI While Tech Giants Compete Hard

Microsoft CEO Says Google Locking Up Content Needed to Train AI While Tech Giants Compete Hard

Microsoft chief executive Satya Nadella said Monday tech giants were competing for vast troves of content needed to train artificial intelligence, and complained Google was locking up content with expensive and exclusive deals with publishers. Testifying in a landmark US trial against its rival Google, the first major antitrust case brought…

Microsoft’s Salaried Staff Won’t Get Raise This Year, Reveals Leaked CEO Mail: Report

Microsoft’s Salaried Staff Won’t Get Raise This Year, Reveals Leaked CEO Mail: Report

Microsoft will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella. The tech giant did not immediately respond to a Reuters request for comment. “Last year, we made a significant…

Microsoft Announces Up to 10,000 Job Cuts, to Invest in Strategic Areas to Remain Competitive

Microsoft Announces Up to 10,000 Job Cuts, to Invest in Strategic Areas to Remain Competitive

Microsoft CEO Satya Nadella has announced up to 10,000 job cuts, with notices going out to affected employees as early as today. In a memo circulated to staff and published online, Nadella outlined the economic conditions that are forcing “hard choices” such as this, but stated that Microsoft will continue…

Microsoft CEO Satya Nadella Says Technology Should Drive Inclusivity, Empowerment

Microsoft CEO Satya Nadella Says Technology Should Drive Inclusivity, Empowerment

Microsoft Chairman and CEO Satya Nadella on Wednesday highlighted the importance of driving inclusivity and empowerment through technology and economic growth and asserted that the company is “very committed to India”. He was speaking at Microsoft’s Tech for Good and Education showcase, an event that highlighted the impact created by…