Microsoft

The American Bankers Association on Wednesday criticized the Office of the Comptroller of the Currency’s final GENIUS Act rules, saying stablecoin yield provisions undermine Congress’s intent.

Barclays is cutting 5,000 jobs — about 5% of its 93,000-strong global workforce — under cost-cutting plans its bosses say are being driven by advances in artificial intelligence.

Anthropic is struggling to secure enough cloud capacity from AWS, Google, and Microsoft, which increasingly see the Claude maker as a competitor rather than a customer.

Microsoft's Project Helix console, planned for the 2028 holiday season, is internally projected to cost $1,200 to $1,800, according to a Fortune report on Xbox CEO Asha Sharma.

court on Monday granted the government's request to detain Abdulrahman Alfozan, a former OpenAI engineer accused of planting a recording device in an executive conference room at the company's San Francisco office.