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The cloud security startup raised a Series C at a $3.8B valuation, instead of selling itself for the same price.
Microsoft has never disclosed Azure's quarterly revenue in dollars. But for the first time, we can see just how close it is getting to besting the biggest competitor in the market, AWS.
The announcement came alongside parent company Alphabet's third-quarter earnings report, which saw revenue grow 25% year over year to $127.6 billion.
Microsoft said it made $10 billion in revenue from commercial arrangements with OpenAI, including revenue-sharing payments, in the quarter ending September 30. It underscores the still-enormous financial dependency of the partnership.
Whatever the future of AI might be, the current situation is still very good for Microsoft. The tech giant reported yet another record for quarterly revenue on Wednesday: $92.3 billion, a 19% increase over the year-ago quarter.
A hacker obtained personally identifiable information about more than 40,000 Homeland Security staffers, which has since been published online.
The For You feed combines posts from communities users have joined with recommendations tailored to their interests.
Tech leaders are flaunting how out of touch they are when they brag about using AI to connect with their families.
Nvidia just released a free speech-to-text model that can transcribe up to 40 languages, but it only works on recordings, not live audio, so its a big step for meeting and medical transcription tools while still leaving real-time use to rivals like ElevenLabs.
The move puts TikTok in more direct competition with platforms like Yelp and Google.
Meta has launched a new app called Waddle World, which essentially looks like a Tamagotchi clone, but with AI.
Free Fire India was originally set to launch in September 2023, but Garena postponed its release.
The deal with DTL Transport puts it on a path to become an an asset-light tech supplier, rather than owner and operator.
Alexander Embiricos, the OpenAI executive responsible for dots, never wants to have a meeting with someone else's AI agent.
An AI model said it wouldnt use any tools, then tried to send something to a server in Beijing anyway, and while researchers say its probably a training quirk and not espionage, the whole thing has people asking how much to trust free Chinese AI.
Turns out selling to big companies isnt about having the shiniest tech: its about hitching a ride on a giants sales team.
After years in which every social platform (even LinkedIn!) aggressively pursued short-form video, this is a notable shift in strategy for Instagram.
A small number of early adopters of the much hyped new foldable phone from Apple have complained of screens cracking.
Fusion startups face a new challenge, one unrelated to plasma physics: Give the government shares in exchange for funding awards or go it alone?
SpaceX has locked in a binding commitment for roughly $40 billion in financing to pay for AI chips and related data center equipment, the company disclosed in a regulatory filing Monday. In a statement, SpaceX called it the largest committed GPU financing ever.
The buyout offers mark Microsoft's latest efforts to cut costs and rework its workforce.
Eligible Turo hosts will also get a one-month free trial of Tesla's FSD software.

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