
Microsoft Gaming Leadership Overhaul: Phil Spencer Retires, Asha Sharma Named New Xbox CEO
Feb 21, 2026 02:51 am UTC| Business Technology
Microsoft has announced a major leadership transition in its gaming division, as longtime executive Phil Spencer retires after 38 years with the company. The move marks a significant shift for Microsoft Gaming at a time...

OpenAI Targets $600B Compute Spend as IPO Valuation Could Reach $1 Trillion
Feb 21, 2026 02:35 am UTC| Business Technology
OpenAI is reportedly planning a massive expansion of its artificial intelligence infrastructure, targeting approximately $600 billion in total compute spending through 2030. According to a source cited by Reuters, the...

Alibaba, Baidu, BYD Shares Slide After Pentagon Military List Update
Feb 20, 2026 11:09 am UTC| Business Technology
Alibaba Group, Baidu, and electric vehicle giant BYD saw their Hong Kong-listed shares fall sharply on Friday after the companies were briefly included on a U.S. Pentagon list of firms allegedly linked to the Chinese...

Nvidia Nears $30 Billion Investment in OpenAI, Replacing Previous $100 Billion AI Partnership
Feb 20, 2026 01:09 am UTC| Business Technology
Nvidia is reportedly close to finalizing a $30 billion investment in OpenAI, marking a major shift in the companies artificial intelligence partnership. According to a Financial Times report published Thursday, the new...

Meta Platforms Cuts Equity Awards Again Amid Massive AI Investment Push
Feb 20, 2026 00:56 am UTC| Business Technology
Meta Platforms Inc (NASDAQ: META) has reduced equity-based compensation for most employees for the second consecutive year, according to a report by the Financial Times. The tech giant has trimmed its annual stock option...

Bill Gates Pulls Out of India’s AI Impact Summit Amid Controversy and Event Mismanagement
Feb 19, 2026 05:45 am UTC| Technology Business Politics
Bill Gates withdrew from Indias AI Impact Summit just hours before his scheduled keynote address, dealing a major setback to the high-profile artificial intelligence event in New Delhi. The Gates Foundation confirmed that...

OpenAI Nears $100 Billion Funding Round at $850 Billion Valuation: Bloomberg Report
Feb 19, 2026 05:04 am UTC| Business Technology
OpenAI is reportedly close to completing the first phase of a massive new funding round expected to raise more than $100 billion, according to a Bloomberg report citing sources familiar with the matter. The deal could push...