Microsoft’s market capitalization climbed past the $4 trillion mark on Thursday morning following a spectacular set of quarterly earnings that underscored the company’s dominance in the artificial intelligence landscape. With its stake in OpenAI, the creator of ChatGPT; the undisputed leadership of its operating system in global business; and its fast-accelerating cloud-computing division, Microsoft is evolving into the world’s most important company. The group generated $76.4 billion of revenue in the June quarter, the final three months of its fiscal year, taking the annual tally to $282 billion...

Knit, the AI-powered platform transforming how enterprises conduct consumer research, today announced it has raised $16.1 million in Series A funding. The round was led by GFT Ventures and Ashton Kutcher's Sound Ventures with continued participation from Silicon Road Ventures, Osage Ventures, Rise of the Rest, and others. Notable angel investors such as David Kirk, former Chief Scientist at NVIDIA, and Gokul Rajaram, founding partner of Marathon Management, also participated in this round...

Amazon stock was pushing higher Thursday, with the e-commerce and cloud-computing behemoth set to report second quarter results later today. Strong results posted Wednesday by Meta Platforms and Microsoft are boosting optimism about AI powering growth for the biggest names in tech. Amazon is battling to be an AI leader itself...