Business - News Articles

Microsoft's Consumer Chief Yusuf Mehdi Announces Departure After 35 Years, Plans Exit Following Fiscal Year 2027

May 22, 2026

GeekWire

Microsoft's consumer chief Yusuf Mehdi, the executive behind Windows 95, Xbox One, and Copilot, announces his departure after 35 years, planning to exit following fiscal year 2027 while spending his final season advancing Windows AI strategy and scaling Microsoft 365 to 100 million subscribers.

Business Consumer Products

Google Bets $180 Billion on AI Overhaul While Risking the Ad Revenue That Funds It

May 22, 2026

Axios

Google is betting up to $180 billion on AI integration across Search and YouTube, deploying fast, affordable models at massive scale, but risks cannibalizing the very ad revenue that funds its ambitious AI transformation.

Search Funding Marketing Business

Anthropic In Talks To Adopt Microsoft's Maia AI Chip Amid Surging Compute Demand

May 22, 2026

CNBC

Anthropic is in active talks to adopt Microsoft's custom Maia 200 AI chip as the company faces a surging compute crisis driven by explosive demand for its Claude products, while simultaneously diversifying chip partnerships across Amazon, Google, and SpaceX in a deal worth $1.25 billion per month through 2029.

Hardware Business Foundation Models

OpenAI and Anthropic Race Toward IPOs as AI Revenue Soars Into Billions

May 22, 2026

Sherwood News

OpenAI and Anthropic are racing toward IPOs as both AI giants report explosive revenue growth, with OpenAI filing as soon as this week at an $850 billion valuation while Anthropic surges ahead with a projected $950 billion valuation and $10.9 billion in Q2 revenue.

Funding Business

Manus Co-Founders Seek $1 Billion to Buy Back AI Startup From Meta After Beijing Orders Unwind

May 22, 2026

Bloomberg.com

Manus co-founders are racing to raise $1 billion to buy back their AI startup from Meta Platforms after Beijing ordered the $2 billion acquisition unwound, with plans to restructure the company as a Chinese joint venture and pursue a Hong Kong IPO.

Geopolitics Funding Agents Business

OpenAI Races Toward IPO as Musk Loses Lawsuit and SpaceX Prepares Its Own Offering

May 21, 2026

TechCrunch

OpenAI pushes toward a September IPO backed by Goldman Sachs and Morgan Stanley, just as Elon Musk loses his lawsuit against the company and prepares SpaceX's own IPO filing, setting up a high-stakes financial rivalry between two of tech's biggest names.

Funding Business Legal

Chinese AI Models Surge to 60% Market Share as American Giants Face Valuation Crisis

May 21, 2026

CNBC

Chinese AI models are seizing over 60% market share on developer platforms, with costs up to nine times cheaper than American rivals like Anthropic, threatening the massive $800 billion-plus valuations OpenAI and Anthropic are counting on ahead of their upcoming IPOs.

Geopolitics Foundation Models Funding Business

Bezos Calls Space Data Centers 'Realistic' But Warns Musk's 2-3 Year Timeline Is Too Ambitious As Blue Origin Targets 2027 Orbital Launch

May 21, 2026

CNBC

Jeff Bezos calls space-based data centers 'very realistic' but pushes back on Elon Musk's aggressive 2-3 year timeline, as Blue Origin targets a 2027 launch for 'Project Sunrise,' a bold plan to deploy 51,600 data center satellites into low Earth orbit, while space stocks surge amid SpaceX's anticipated IPO at …

Space Data Centers Funding Business

OpenAI Launches 'Guaranteed Capacity' Program Offering Long-Term AI Compute Access With Multi-Year Discounts

May 20, 2026

CNBC

OpenAI launches a 'Guaranteed Capacity' program letting customers lock in one-to-three-year AI compute commitments at increasing discounts, with CEO Sam Altman calling it a 'big win-win' as the company targets $600 billion in total compute spend by 2030 and eyes a potential IPO.

Cloud Computing Business Funding

Slack Releases Playbook to Break Down AI Silos and Connect Intelligence Across Organizations

May 20, 2026

Slack

Slack releases a new playbook identifying five key AI friction points and a three-layer architecture to break down organizational silos, helping teams connect fragmented AI agents and enable unified business intelligence across their workflows.

Enterprise Agents Business