Microsoft

Meta is cutting about 8,000 jobs and closing thousands of open roles as it shifts spending heavily into AI. Microsoft is offering voluntary buyouts to thousands of US staff while both companies cut costs amid rising AI investment.

OpenAI’s revenue chief said enterprise customers are increasingly moving toward Amazon’s Bedrock platform, arguing that the company’s long-standing Microsoft partnership has made it harder to reach some clients.

OpenAI will supply its AI models to the U.S. Pentagon through Amazon after Anthropic was dropped. Microsoft may challenge the deal due to its exclusive cloud agreement with OpenAI.

Forbes estimates Changpeng Zhao’s net worth at $110 billion, surpassing Bill Gates, driven by Binance’s rising value and market dominance.

Chinese AI company DeepSeek is rapidly expanding in Africa, Russia, Belarus, and other markets using low-cost, open-source models backed by government subsidies. Microsoft warns that U.S. tech firms risk falling behind as their paid, controlled AI systems struggle to compete on price and accessibility.

A US judge has ordered OpenAI to hand over 20 million anonymised ChatGPT conversation logs to several news organisations as part of a copyright lawsuit. The case examines whether the AI reproduced copyrighted articles without permission, despite OpenAI’s concerns over user privacy.

AI data centres in the U.S. are using power faster than the grid can supply, creating a major gap in electricity capacity. Analysts warn that without huge investment, the country may struggle to support further AI growth as outages and infrastructure limits become more common.

Amazon and Microsoft are supporting a U.S. law, the GAIN AI Act, to restrict exports of high-performance Nvidia AI chips to China until domestic demand is met. Nvidia has opposed the move, warning it could hurt global competition and cost the company billions, while the U.S. frames it as a national security measure.

OpenAI plans to develop AI tools that could replace traditional office software like Slack, Word, and Google Docs. This move puts it in direct competition with Microsoft, which has heavily invested in OpenAI but now faces a potential rival in its own market.

Microsoft tested hundreds of AI shopping agents in a simulated marketplace and found they struggle with decision-making, coordination, and security. The study showed many agents make poor choices when faced with many options and are vulnerable to manipulation, highlighting risks in unsupervised online commerce.