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No part of Microsoft better illustrates its predicament in AI than GitHub.
The AI boom has boosted usage and revenue of the code repository as well as GitHub Copilot, an AI coding assistant. But GitHub has struggled to respond to new AI coding competitors that have since overtaken it. And the service has suffered from frequent and major outages, peeving big customers and prompting Microsoft to issue an apology.
In recent months, Jay Parikh, who oversees the division that includes GitHub, has privately war
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Few companies have gone public with books as unusual as OpenAIâs. At first glance, the company portrayed by the AI startupâs financial statements, reviewed by The Information, resembles a lean, low-debt software business. Its balance sheet, as at March 31, had zero debt and less than $750 million of lease liabilities. Its cash-flow statement, moreover, showed OpenAIâone of the most hardware-centric tech businessesâspending just $46 million on capital expenditures in... Read more âș
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Meta Platforms is backing Indian fintech startup Cred with a $900 million investment and tapping its founder to lead WhatsApp. Bloomberg first reported the news, including that Credâs founder and CEO Kunal Shah will take over running WhatsApp from Will Cathcart. According to the report, Metaâs ... Read more âș
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Iâve been visiting large AI data center projects in rural and industrial communities in the Midwest, Southeast and West, and I have found that two things can be true at the same time: AI data centers have drawbacks but are better for communities than their residents think, and those communities can win a lot more financial concessions and benefits from the tech firms than they realize.Some people are coming to... Read more âș
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27.06.2026 16:36
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