Microsoft reports OpenAI investment and AI-driven growth

Microsoft has revealed that its AI business is on track to surpass a $10 billion annual revenue run rate next quarter, making it the fastest business in the company’s history to reach this milestone. The company’s CEO, Satya Nadella, attributes this growth to Microsoft’s partnership with OpenAI, the creator of ChatGPT. Microsoft disclosed in its …

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GitHub expands AI capabilities with multi-model support and new tools

At its GitHub Universe conference, GitHub announced a significant expansion of its AI-powered development tools. GitHub Copilot, which previously relied solely on OpenAI’s models, now supports multiple AI models, allowing developers to choose between Anthropic’s Claude 3.5 Sonnet, Google’s Gemini 1.5 Pro, and OpenAI’s GPT-4o variants. This multi-model approach aims to provide developers with more …

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AI grant program for local news

OpenAI and Microsoft are jointly investing $10 million in an AI project to boost local news media in the US. As Axios’ Sara Fischer reports, the project will be led by the nonprofit Lenfest Institute and will include a grant program for an initial five major urban news organizations, including Chicago Public Media, The Minnesota …

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Microsoft unveils AI agents for business applications

Microsoft unveils new autonomous AI agents for its Dynamics 365 business applications, Todd Bishop reports for GeekWire. These agents are designed to autonomously complete tasks and oversee business processes. The announcement came during Microsoft’s “AI Tour” stop in London. Microsoft describes the agents as functioning like new apps in an AI-powered world, working on behalf …

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Differential Transformer could improve text AIs

Microsoft and Tsinghua University have developed a new AI architecture called “Differential Transformer” that improves the performance of large language models. Furu Wei from Microsoft Research told VentureBeat that the new method amplifies attention to relevant contexts and filters out noise. This is designed to reduce problems such as the “lost-in-the-middle” phenomenon and hallucinations in …

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Salesforce CEO disparages Microsoft Copilot

Salesforce CEO Marc Benioff criticized Microsoft’s AI assistant, Copilot, on his personal X/Twitter account, calling it “disappointing” and likening it to “Clippy 2.0,” a reference to the infamous virtual assistant from the 1990s. He claimed that Copilot lacks accuracy and fails to deliver value, despite its recent upgrades that include new features like vision and …

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Tensions in partnership between OpenAI and Microsoft

Microsoft and OpenAI are currently negotiating the future of their partnership. According to several US media reports, OpenAI is demanding more financial support and computing power from Microsoft. However, the technology company is reluctant to invest billions more. OpenAI expects to lose $5 billion this year and is looking for ways to cover its high …

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Microsoft researcher joins OpenAI

Microsoft’s Vice President of GenAI research, Sebastien Bubeck, is leaving the company to join OpenAI, according to Reuters. Bubeck will continue his work on developing Artificial General Intelligence (AGI) at the Microsoft-backed AI startup. His specific role at OpenAI remains unclear. Reuters also notes that most of Bubeck’s co-authors on a research paper about Microsoft’s …

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Microsoft’s Copilot to become way more human

Microsoft’s AI assistant Copilot is set for a major upgrade, according to AI chief Mustafa Suleyman. In an interview with WIRED, Suleyman revealed that Copilot will soon feature a human-like voice, visual capabilities, and improved reasoning skills. The goal is to provide users with a trustworthy AI companion that offers emotional support. New features include …

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Microsoft pays publishers for Copilot content

Microsoft is launching payments to publishers for content appearing in Copilot. The company is introducing a new feature called “Copilot Daily,” which provides users with a spoken summary of weather and current events. As reported by Kyle Wiggers, Reuters, Axel Springer, Hearst Magazines, and The Financial Times have joined as partners for the service, initially …

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