OpenAI launches ChatGPT web search to rival Google, partners with major publishers, and invests $5 billion in custom AI chips while Microsoft takes $1.5B quarterly hit from its AI investments.
The popular online chatbot can now access and deliver information from across the internet in real time, including news, stock prices and sports scores.
OpenAI on Thursday launched ChatGPT search, positioning the company to better compete with search engines like Google, Microsoft's Bing and Perplexity. In July, OpenAI announced it was beta-testing a prototype of the search engine, called SearchGPT, and now it's officially rolled the product into ChatGPT.
Microsoft Corporation MSFT analysts saw potential short-term setbacks with capacity constraints and weaker guidance than expected but were also looking at an exciting path for AI monetization ahead after first-quarter financial results.
Shares of Microsoft (MSFT) slid on Thursday after the company's revenue forecast fell short of Wall Street's estimates and the cloud computing giant struggles to meet demand.
Microsoft (MSFT) stock moves lower after the tech giant reported earnings as artificial intelligence (AI) spending weighs on shares. The company's earnings beat, driven by cloud strength, wasn't enough to ease investors' worries about Microsoft's hefty investments in AI.
Gil Luria, DA Davidson managing director, joins CNBC's 'Money Movers' to discuss his buy rating on Meta, expectations for how AI will impact earnings, and more.
MSFT beats earnings and revenue estimates but offers downbeat guidance.
According to Dave Sekera with @morningstar, the markets are reacting too harshly to Meta Platforms (META) and Microsoft's (MSFT) earnings. He says both companies are "undervalued" when using Morningstar's metrics.
Microsoft's NASDAQ: MSFT price action pulled back into a technical buying opportunity following the FQ1 2025/CQ3 2024 earnings release. The primary culprits are a diminished outlook for Azure growth in Q2 and increased expectations for AI spending.
Meta Platforms Inc (NASDAQ:META) and Microsoft Corp (NASDAQ:MSFT) are reeling after their highly anticipated earnings reports.
Microsoft's third calendar quarter earnings were the most robust in the company's five-decade history, though the Washington-based computing colossus indicated it may get less of a bump from the next generation of technological innovation in generative artificial intelligence moving forward.