ai-companies
4 articles
Microsoft's Azure Crosses $100 Billion as Anthropic Stake Adds $3.2 Billion Windfall
Microsoft's fourth-quarter results beat estimates on Azure strength, with a $3.2 billion gain on its Anthropic investment offsetting a $600 million OpenAI writedown.
Samsung Posts Record Quarter as AI Chip Demand Drives 19-Fold Profit Surge
Samsung Electronics reported record second-quarter earnings powered by an 1,800% jump in operating profit, and warned that the global AI-driven chip shortage could persist through 2028.
Thinking Machines Co-Founder Lilian Weng Returns to OpenAI to Lead Recursive Self-Improvement Push
Lilian Weng stepped down from Mira Murati's Thinking Machines citing health, then rejoined OpenAI to lead a team advancing recursive self-improvement research.
OpenAI's July Annualized Revenue Topped All of Q2, CFO Sarah Friar Tells Staff
OpenAI finance chief Sarah Friar told employees that the company's annualized revenue run-rate in July exceeded its entire second-quarter take, a signal of accelerating growth as the company marches toward an expected public listing.