

Both companies announced the revised agreement in a joint statement on Monday. Microsoft retains a non-exclusive licence to OpenAI’s intellectual property through 2032, remains the primary cloud partner, and keeps its 27% equity stake. OpenAI will continue paying Microsoft a revenue share through 2030, capped at a total amount. Microsoft shares fell ~3% on the […]
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Summary: Meta and Microsoft announced workforce reductions on the same day, April 23, affecting up to 23,000 positions combined. Meta is cutting 8,000 jobs (10% of staff) and cancelling 6,000 open roles effective May 20, while Microsoft launched its first-ever voluntary retirement programme offering buyouts to up to 8,750 US employees whose age plus years […]
The AI gold rush is pulling workers into startups as layoffs and RTO push them out of corporate jobs
David Chong (left), Alyson Isaacs (center), and Taylor LaSane (right)