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UK regulators are probing into whether Microsoft's (MSFT) investment into OpenAI — currently holding a 49% stake in the artificial intelligence developer and a non-voting seat on its board — has set the conditions for a merger-like situation. Roth MKM Managing Director Rohit Kulkarni posits on what would push Microsoft to fully acquire OpenAI. Kulkarni joins Yahoo Finance to discuss the path for US and European officials to establish regulation on AI models and Big Tech companies adopting them. "Probably we are going to get more regulations with regards to maybe compliance, with regards to disclosure, with regards to transfer... and then that would be a step towards control and how much power some of these Big Tech companies will continue to have," Kulkarni says. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
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Just two months after okaying Microsoft’s acquisition of Activision Blizzard, the U.K. regulator wants to know more about OpenAI...
Continue ReadingAfter a record-breaking contract, the UAW’s president is looking to expand the movement to nonunionized automakers. He won’t let Musk get in the way...
Continue ReadingShares of Snap Inc. rallied 2.24% to $15.09 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ.....
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Shares of Sirius XM Holdings Inc. slipped 1.49% to $4.64 Friday, on what proved to be an all-around positive trading session for the stock market, with the.....
Continue ReadingThe VMware acquisition and AI chips help chip maker’s transformation, but Apple still casts a large shadow...
Continue ReadingShares of C3.ai Inc. rallied 8.65% to $28.27 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index.....
Continue ReadingAlphabet's Google on Friday criticised a potential order from EU antitrust regulators to sell part of its lucrative adtech business, saying it was disproportionate and not right for its advertising partners. The comments from Google's director Oliver Bethell and its vice president for global ads Dan Taylor came after the U.S. tech giant responded to EU charges issued to the company in June. The European Commission said Google has since 2014 abused its dominance in the online advertising technology industry via its market power on both sides of the supply chain...
Continue ReadingShares of News Corp Cl A shed 0.05% to $21.94 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index.....
Continue ReadingInvestment analysts at Morgan Stanley have raised their target price for Apple based on the outlook for Services, iPhone 15 gross margins, and high consumer interest in Vision Pro...
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