OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at a ...

SoftBank is in talks to lead a funding round of up to $40 billion in OpenAI at a post-money valuation of $300 billion, ...

Shares of technology companies rose after a mixed batch of earnings. Shares of Microsoft slid after the software giant's cloud-computing unit's growth fell short of Wall Street analysts' projections.

Microsoft beat Wall Street’s earnings and revenue forecasts but its intelligent-cloud business fell short of estimates. The ...

That was the combined capital spending by Microsoft and Meta Platforms last quarter, nearly double a year earlier. The bulk of it went on chips and data centers to power generative AI services. Read w ...