The AWS partnership is OpenAI's first major cloud computing deal since it struck a new agreement with Microsoft, which gave it more flexibility.

Now, that all seems to have resolved itself in Microsoft's favor. On Tuesday, OpenAI said it completed its recapitalization and simplified its corporate structure. The non-profit entity is now called the OpenAI Foundation, which has majority control of the for-profit component, OpenAI Group Public Benefit Corp. (PBC).

It’s the second major internet outage in as many weeks, and comes just before Microsoft’s quarterly earnings call

As Amazon cuts 4% of its workforce in pursuit of record profits, with more layoffs expected from other tech giants, industry leaders debate AI disruption.

After a generation of record growth, Seattle's tech employers have not only pulled back on hiring but shifted billions into AI that could cut hiring even further.

Microsoft's Azure platform and other company services are experiencing an outage that started around 12:00 p.m. Eastern time on Thursday. The company reported that the outage was triggered by "an inadvertent configuration change" that impacted the Azure Front Door delivery network.

Microsoft has secured new computing power capacity with a $9.7 billion deal with IREN as big tech races to expand data center capacity across the U.S. Under the five-year agreement, Microsoft will gain access to IREN’s Nvidia GB300 chips,