Microsoft Loses OpenAI Exclusivity as Partnership Terms Shift
Microsoft will lose exclusive rights to OpenAI models, allowing broader distribution as the partnership evolves and revenue-sharing terms change.
News
Follow the breakthroughs and disruptions driving the technology industry. From artificial intelligence and advanced chips to new digital platforms and corporate strategies, this section covers how leading tech companies innovate and shape the future of business. We highlight major product launches, research advances and market moves to give readers a clear view of where technology and commerce intersect.
Eli Lilly to Acquire Ajax Therapeutics in Deal Worth Up to $2.3 Billion
Eli Lilly will acquire Ajax Therapeutics for up to $2.3 billion, strengthening its pipeline in blood cancer treatments.
Microsoft Plans First Voluntary Buyouts Covering Up to 7% of U.S. Workforce
Microsoft is introducing its first voluntary buyout program, targeting up to 7% of its U.S. workforce as part of broader efficiency efforts.
OpenAI Launches GPT-5.5 With Focus on Agentic Coding and Efficiency Gains
By
Daniel Wright
• 2 mins read
OpenAI released GPT-5.5 with improved efficiency and a focus on agentic coding, though higher pricing reflects its expanded capabilities.
Meta to Cut 10% of Workforce as It Pushes Efficiency Amid AI Spending
By
Emma Clarke
• 2 mins read
Meta plans to cut about 10% of its workforce, or over 8,000 jobs, as it streamlines operations and offsets rising AI-related costs.
Netflix Authorizes $25 Billion Buyback as It Shifts Focus After M&A Exit
By
Emma Clarke
• 2 mins read
Netflix approved an additional $25 billion share buyback program, signaling a renewed focus on shareholder returns after abandoning a major acquisition plan.
Nvidia and Google Partner to Build ‘AI Factories’ in Push for Physical and Agentic AI
By
Daniel Wright
• 3 mins read
Nvidia and Google announced a major partnership to develop AI infrastructure, combining hardware and software to advance ‘physical’ and agentic AI systems.
Adobe Announces $25 Billion Buyback as It Moves to Reassure Investors on AI Strategy
By
Oleg Petrenko
• 2 mins read
Adobe unveiled a $25 billion share buyback program as it seeks to boost investor confidence while expanding its AI-driven product suite.
Apple Names John Ternus as CEO, Tim Cook to Become Executive Chairman
By
Emma Clarke
• 2 mins read
Apple will appoint hardware chief John Ternus as CEO, with Tim Cook transitioning to executive chairman, marking a major leadership shift at the tech giant.
Kering Targets Profit Growth as It Unveils Gucci Turnaround Plan
By
Emma Clarke
• 3 mins read
Kering outlined an ambitious plan to revive Gucci and double profits, aiming to restore growth after a prolonged slowdown in its flagship brand.
Snap to Cut 16% of Workforce, Targeting $500 Million Savings Amid AI Push
By
Emma Clarke
• 3 mins read
Snap will lay off about 1,000 employees, or 16% of its workforce, as part of a cost-cutting plan tied to AI-driven efficiency and profitability goals.
Novo Nordisk Partners With OpenAI to Accelerate AI-Driven Drug Discovery
By
Emma Clarke
• 3 mins read
Novo Nordisk has partnered with OpenAI to enhance its drug discovery efforts using advanced AI tools, aiming to accelerate identification of new treatments.
Blue Origin Develops Technology to Extract Oxygen From Lunar Soil
By
Emma Clarke
• 2 mins read
Blue Origin has developed a system to extract oxygen from lunar soil, a breakthrough that could support future Moon bases. The technology also produces usable metals for construction.
Elon Musk to Launch XChat Messaging App With Encrypted Features
By
Emma Clarke
• 2 mins read
Elon Musk is set to launch XChat on April 17, introducing an encrypted messaging platform integrated with X. The app will include calls, file sharing, and enhanced privacy features.
Alibaba Reveals It Built Viral AI Video Model Leading Global Rankings
By
Emma Clarke
• 2 mins read
Alibaba confirmed it is behind a viral AI video model topping global leaderboards. The reveal highlights its growing role in the AI race.