Tag: Microsoft

Microsoft, Amazon set to erase 28,000 jobs as tech slump deepens
Technology

Microsoft, Amazon set to erase 28,000 jobs as tech slump deepens

[ad_1] Microsoft Corp. and Amazon.com Inc., two of the world’s biggest companies, began cutting a total of 28,000 jobs on Wednesday in a post-pandemic reckoning that has left almost no tech name unscathed. Microsoft Corp. and Amazon.com Inc., two of the world's biggest companies, began cutting a total of 28,000 jobs on Wednesday in a post-pandemic reckoning that has left almost no tech name unscathed. The software giant began notifying some of the 10,000 workers that will lose their jobs this quarter, while its Seattle-based neighbor and cloud rival Amazon started sending out emails to people in the US, Canada and Costa Rica who are among 18,000 people whose positions will be eliminated. Both companies said the painful measures were necessary to offset slowing sales and a possibl...
Microsoft rolling out Azure OpenAI service with access to ChatGPT soon
Technology

Microsoft rolling out Azure OpenAI service with access to ChatGPT soon

[ad_1] An American technology news website, the Azure service has been under test at Microsoft for just over a year, and it will soon include access to ChatGPT. American tech giant Microsoft is all set to roll out Azure OpenAI service this week, which will allow businesses to integrate tools like DALL-E into their own cloud apps. According to The Verge, an American technology news website, the Azure service has been under test at Microsoft for just over a year, and it will soon include access to ChatGPT, the conversational AI that made headlines last year. The Azure OpenAI service features a number of AI models made by OpenAI including GPT-3.5, Codex, and DALL-E, so businesses and developers can utilize these systems in their own apps and workloads. ...
Microsoft Plans 10,000 Job Cuts, To Take $1.2 Billion Charge
Technology

Microsoft Plans 10,000 Job Cuts, To Take $1.2 Billion Charge

[ad_1] Microsoft Corp. said it plans to cut 10,000 jobs, or about 5% of its workforce, taking steps to cope with an increasingly bleak outlook that has now bruised many of the technology industry’s biggest names. Microsoft Corp. said it plans to cut 10,000 jobs, or about 5% of its workforce, taking steps to cope with an increasingly bleak outlook that has now bruised many of the technology industry's biggest names. The company will take a $1.2 billion charge in the second fiscal quarter related to the move, which will shave 12 cents off of earnings per share, the company said in a corporate filing. The layoffs come as the software giant said it's seeing customers exercise caution, with some parts of the world in recession and others heading toward one. Microsoft is scheduled to rep...
Microsoft to expand ChatGPT access as OpenAI investment rumors swirl
Technology

Microsoft to expand ChatGPT access as OpenAI investment rumors swirl

[ad_1] Microsoft said it is widening access to hugely popular software from OpenAI, a startup it is backing whose futuristic ChatGPT chatbot has captivated Silicon Valley. Microsoft Corp said it is widening access to hugely popular software from OpenAI, a startup it is backing whose futuristic ChatGPT chatbot has captivated Silicon Valley.Microsoft said the startup's tech, which it so far has previewed to its cloud-computing customers in a program it called the Azure OpenAI Service, was now generally available, a distinction that's expected to bring a flood of new usage. The news comes as Microsoft has looked at adding to the $1 billion stake in OpenAI it announced in 2019, two people familiar with the matter previously told Reuters. The news site Semafor reported earlier this month t...
Microsoft to Add ChatGPT to Azure Cloud Services ‘Soon’
Technology

Microsoft to Add ChatGPT to Azure Cloud Services ‘Soon’

[ad_1] Microsoft, in talks for further investment in OpenAI, is widely releasing Azure service based on earlier partnership Microsoft Corp. said it will add OpenAI's viral artificial intelligence bot ChatGPT to its cloud-based Azure service “soon,” building on an existing relationship between the two companies as Microsoft mulls taking a far larger stake in OpenAI. The software giant announced the broad availability of its Azure OpenAI Service, which has been available to a limited set of customers since it was unveiled in 2021. The service gives Microsoft's cloud customers access to various OpenAI tools like the GPT-3.5 language system that ChatGPT is based on, as well as the Dall-E model for generating images from text prompts, the company said in a blog post. That enables Azure ...
Elon Musk-led Twitter ripe for a misinformation avalanche
Technology

Elon Musk-led Twitter ripe for a misinformation avalanche

[ad_1] Elon Musk-led Twitter is showing signs of being vulnerable to misinformation. Seeing might not be believing going forward as digital technologies make the fight against misinformation even trickier for embattled social media giants. In a grainy video, Ukrainian President Volodymyr Zelenskyy appears to tell his people to lay down their arms and surrender to Russia. The video — quickly debunked by Zelenskyy — was a deep fake, a digital imitation generated by artificial intelligence (AI) to mimic his voice and facial expressions. High-profile forgeries like this are just the tip of what is likely to be a far bigger iceberg. There is a digital deception arms race underway, in which AI models are being created that can effectively deceive online audiences, while others are bei...
Google, Nvidia Express Concerns to FTC About Microsoft’s Activision Deal
Technology

Google, Nvidia Express Concerns to FTC About Microsoft’s Activision Deal

[ad_1] The two companies joined Sony in raising issues with the $69 billion transaction, which the FTC has sued to block Alphabet Inc.'s Google and Nvidia Corp. have expressed concerns to the Federal Trade Commission about Microsoft Corp.'s acquisition of Activision Blizzard Inc., adding fuel to the government's case against the $69 billion deal, according to people familiar with the matter.The companies joined Sony Group Corp. in raising issues with the transaction, which the FTC sued to block in December. The commission has argued that the deal would hinder competition in the video-game industry and has scheduled an in-house trial for August. Either company could be called to testify as part of the FTC trial. Google and Nvidia provided information that backs a key FTC contention — t...
OpenAI, creator of ChatGPT, casts spell on Microsoft
Technology

OpenAI, creator of ChatGPT, casts spell on Microsoft

[ad_1] The hottest startup in Silicon Valley right now is OpenAI, the Microsoft-backed developer of ChatGPT, a much-hyped chatbot that can write a poem, college essay or even a line of software code. The hottest startup in Silicon Valley right now is OpenAI, the Microsoft-backed developer of ChatGPT, a much-hyped chatbot that can write a poem, college essay or even a line of software code.Tesla tycoon Elon Musk was an early investor in OpenAI and Microsoft is reported to be in talks to up an initial investment of $1 billion to $10 billion in a goal to challenge Google's world-dominating search engine. If agreed, the cash injection by the Windows-maker would value OpenAI at a whopping $29 billion, making it a rare tech-world success when major players such as Amazon, Meta and Twitter a...
Microsoft’s Nadella Takes Fresh Aim at Google With OpenAI Talks
Technology

Microsoft’s Nadella Takes Fresh Aim at Google With OpenAI Talks

[ad_1] Microsoft Corp.’s Satya Nadella is weighing the company’s biggest-ever startup investment, seeking to give the software giant an advantage against Google in the race to weave advanced artificial intelligence tools into fields like search and apps. Microsoft Corp.'s Satya Nadella is weighing the company's biggest-ever startup investment, seeking to give the software giant an advantage against Google in the race to weave advanced artificial intelligence tools into fields like search and apps. The company is in discussions to invest as much as $10 billion in OpenAI, the creator of viral AI bot ChatGPT, according to people familiar with its plans. The proposal under consideration calls for Microsoft to inject the cash over several years, though final terms may change, the people...
Xbox Series X gets price cut on Flipkart! Now selling at original launch price, get it now
Technology

Xbox Series X gets price cut on Flipkart! Now selling at original launch price, get it now

[ad_1] Xbox Series X gaming console gets a big price cut on Flipkart, selling at its original launch price. The Xbox Series X has gotten a big price cut on Flipkart. Microsoft's latest gaming console is now over two years old but it continues to be a superb choice for those who want top-notch gaming experience at a reasonable price. The Xbox Series X initially remained out of stock but in the later months, Microsoft has been able to replenish the stocks and is able to make it available to gamers. The console also saw a price hike owing to inflation and component price rise.Now, you can get the Xbox Series X at a much lower price than before. The Xbox Series X used to sell at a price of Rs. 55,990 on Flipkart but as part of a limited time offer, you can avail a discount of almost Rs. 6...