Tag: Microsoft

OpenAI and Anthropic Hit Record AI Lobbying Spending in Washington

America's two leading AI companies dramatically increase lobbying efforts as AI regulation intensifies. OpenAI and Anthropic collectively spent a record $3.17 million lobbying the U.S. federal government

IMF Says AI Could Boost Sub-Saharan Africa's Economy by 4% With Better Power and Internet

A new IMF report shows that artificial intelligence could increase Sub-Saharan Africa's economic output by about 4% over the next decade — but only if governments significantly improve electricity, inter

UK National Grid Bets $1.75 Billion on AI Infrastructure Boom

Britain's National Grid has invested $1.75 billion to secure a 35 percent stake in Joulent LLC, a firm developing a natural gas-fired power plant with Chevron in Texas to supply a Microsoft data center.

Microsoft Reportedly Preparing Another Major Round of Job Cuts as AI Investment Accelerates

Microsoft is reportedly preparing another round of layoffs affecting thousands of employees across sales, consulting, and Xbox divisions as the company redirects resources toward AI infrastructure. The m

Why Microsoft OpenAI and Amazon 1 Billion Workforce Initiative Matters for AI Era

Microsoft, OpenAI, Anthropic, and Amazon have joined forces as anchor partners in Raise US, a new non-profit aiming to raise $1 billion to help American workers transition into an AI-driven economy. The

Satya Nadella Warns Against AI Power Concentration Among Few Giants

Microsoft CEO Satya Nadella has warned that the AI industry must avoid becoming dominated by only a handful of frontier model companies. He emphasized the need for broader AI accessibility, lower-cost m

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