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Here’s how Microsoft is providing a ‘good outcome’ for Inflection AI VCs, as Reid Hoffman promised

Exactly how much Microsoft is paying all the investors of Inflection AI as part its oddly structured deal to abscond with the co-founders, much of the staff and the rights to use the tech hasn’t been publicly revealed. And Microsoft declined comment when asked. But unnamed sources tell The Information that it’s plunking out approximately […]

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TechCrunch Minute: All about Microsoft’s mega AI push after it hired Inflection AI’s co-founders

Microsoft’s latest gambit to snag much of the human talent from Inflection AI is causing waves this week. Redmond has previously invested in the company, but is now absorbing much of its staff into a new division it created for just that purpose. The subtext is clear enough: Microsoft doesn’t want to run into regulatory

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After AWS and Google, Microsoft says it’s removing Azure ‘egress’ data transfer fees — but with caveats

Microsoft has revealed that it too will allow business customers to transfer data out of its Azure cloud infrastructure with no so-called “egress fees” attached, following hot on the heels of similar moves by cloud rivals AWS and Google. While Microsoft positions the announcement as a voluntary pro-customer move, the fact that it was quietly

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Russian Hackers Stole Microsoft Source Code—and the Attack Isn’t Over

For years, Registered Agents Inc.—a secretive company whose business is setting up other businesses—has registered thousands of companies to people who appear to not exist. Multiple former employees tell WIRED that the company routinely incorporates businesses on behalf of its customers using what they claim are fake personas. An investigation found that incorporation paperwork for

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OpenAI says Musk only ever contributed $45 million, wanted to merge with Tesla or take control

OpenAI, the most valuable AI startup, said Wednesday it intends to dismiss all claims made by Elon Musk in a recent lawsuit and suggested that the billionaire entrepreneur, who was involved in the company’s co-founding, didn’t really have that much impact on its development and success. In a blog post authored by the entire OpenAI

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Elon Musk sues OpenAI and Sam Altman, claiming "stark betrayal"

Elon Musk is suing OpenAI and CEO Sam Altman, with the Tesla founder alleging they violated the artificial intelligence company’s original mission statement by putting profits over benefiting humanity.  The lawsuit, filed Thursday in San Francisco, comes amid a larger debate over the potential impact of AI, such as that it could produce misleading or harmful

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Here Are the Google and Microsoft Security Updates You Need Right Now

CVE-2024-1553 and CVE-2024-1557 are memory-safety bugs rated as having a high severity. “Some of these bugs showed evidence of memory corruption and we presume that with enough effort some of these could have been exploited to run arbitrary code,” Mozilla researchers said. Zoom Video conferencing giant Zoom has issued fixes for seven flaws in its

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