Intel’s Chipmaking Arm Takes a Hard Hit with Major Losses in 2023

April 24, 2024

SANTA CLARA, Calif. Tuesday, April 09, 2024 – Intel Corporation’s chipmaking business, the Client Computing Group (CCG),  reported a significant operating loss of $7 billion in 2023, according to a Reuters report on April 9, 2024. This figure marks a substantial increase from the $5.2 billion loss recorded in 2022. The current predicament of the […]

Microsoft’s Gaming Restructure, 1.9K Jobs on the Chopping Block

February 17, 2024

New York, Tuesday, February 6, 2024 – On January 25, Microsoft announced it was laying off approximately 1,900 employees in its gaming division, representing roughly 8% of the workforce. AP said its report is based on an internal memo sent by Microsoft Gaming CEO Phil Spencer. This decision comes a little over three months after […]

NY Times Files Billion-Dollar Lawsuit Against OpenAI Now

January 27, 2024

New York, Tuesday, January 2, 2024- The New York Times on Wednesday, December 27 reported that it was initiating a lawsuit against OpenAI and Microsoft on. The newspaper alleges that the widely-used artificial intelligence (AI) model, ChatGPT, developed by OpenAI in collaboration with Microsoft, had incorporated substantial portions of New York Times articles into its […]

Sam Altman Joins Microsoft to Lead New AI Team

November 20, 2023

REDWOOD CITY, Calif. and Redmond, Wash. (Nov. 20, 2023) – Sam Altman, the former CEO of OpenAI, has joined Microsoft as the head of a new in-house AI team. The announcement comes just days after Altman was unexpectedly ousted from OpenAI in a corporate shakeup that shocked the artificial intelligence world. The news closely follows […]