OpenAI has 'no plans to leave' Europe due to regulations, CEO says
Days after he said the EU’s over-regulation of AI could force the ChatGPT developer to cease operations on the continent, CEO Sam Altman has seemingly rolled back on his comments.
Stories by Charlotte Trueman
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Growing enterprise revenue boosts Zoom’s first-quarter growth
The videoconferencing company is doubling down on its investment in AI, and remains positive about its financial outlook despite a slump in online sales.
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Meta fined $1.3B for violating EU GDPR data transfer rules on privacy
The Irish Data Protection Commission has levied a record-breaking fine against Facebook's parent company, Meta, for transferring data to the US without data privacy safeguards.
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UK announces $1.2B chip strategy, faces criticism over funding size
The UK government has finally unveiled its delayed 10-year strategy for supporting the country’s semiconductor industry.
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Micron to invest $3.6B for Japanese production of DRAM chips
Having already invested billions of dollars in the US chip sector, Micron has announced it will be the first company to bring extreme ultraviolet lithography production methods to Japan.
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Europe must lead in semiconductor manufacturing: EU Commissioner
While European research has been vital for advanced chip manufacturing, it is not enough to make the bloc industry leaders, the EU Commissioner said.
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EU Commission OKs Microsoft’s $69B acquisition of Activision Blizzard
Less than a month after the UK's CMA ruled against the deal, the EU Commission has approved the acquisition, providing new licensing agreements by Microsoft are kept in place for the next decade.
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Microsoft reportedly rallies behind AMD to develop chips for AI workloads
Microsoft is reported to be working with AMD to develop AI-capable chips and provide an alternative to Nvidia.
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Cognizant cuts 3,500 jobs in post-COVID, hybrid work restructuring plan
Cognizant’s restructuring plan aims to cut costs, and includes the redistribution of office space throughout India.
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UK competition regulator launches review of AI market
The UK Competition and Markets Authority is seeking to establish what consumer protections need to be placed on AI systems.
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Microsoft refreshes SharePoint and OneDrive with Copilot integration
Microsoft has announced a host of new innovations for SharePoint and OneDrive, including a refresh of OneDrive, Microsoft Lists, and Microsoft Steam, in addition to an integration with Microsoft’s generative AI solution Copilot.
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Box adds generative AI capabilities through OpenAI partnership
The cloud content-management company has announced it will be integrating “advanced AI models” into its Box Content Cloud to help customers surface information and generate content.
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UK regulators block Microsoft’s acquisition of Activision Blizzard
Almost a year after it opened its investigation into the proposed $68.7 billion acquisition, the UK’s Competition Markets Authority (CMA) has ruled that gamers would suffer from reduced choice should the deal go ahead.
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Microsoft bets on cloud growth as it continues to battle PC sales slump
Despite Microsoft seeing revenue decreases across a number of business segments, the company remains optimistic that AI integrations will help to boost future growth.
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Amazon, Facebook, Twitter on EU list of companies facing DSA content rules
The EU Commission has announced the online companies and search engines, including Bing and Google, that will have to comply with new transparency and accountability regulations by August.
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