Microsoft is expanding its relationship with OpenAI, entering what it calls “the third phase of our long-term partnership” with a multiyear, multibillion dollar investment to accelerate AI breakthroughs to ensure these benefits are broadly shared with the world.” Although the companies did not disclose financial terms, Microsoft’s investment was previously reported as $10 billion. The New York Times reports OpenAI is also in talks to complete a tender offer for as much as $300 million (contingent on the number of employees selling stock), “which would value the company at around $29 billion.” Continue reading Microsoft Invests $10 Billion in OpenAI, Valued at About $29B

Microsoft’s booming Azure business is now Amazon’s chief rival in the cloud. Since the company began reporting its metrics in October 2015, its growth has never dipped below 90 percent. In Microsoft’s latest fiscal Q3, it grew 93 percent, and in the preceding quarter it grew 98 percent. The company’s commercial version of its Office 365 productivity service also grew 42 percent this latest quarter. Amazon began renting cloud-based computing and storage 10 years ago. Meanwhile, Intel also reported quarterly profit increases, including a 45 percent jump in sales of data-center gear to cloud providers. Continue reading Microsoft and Intel Profits Buoyed by Growth in Cloud Services

With the recent introduction of the iPad Pro, Apple is signaling its intent that iOS become the dominant operating system in the enterprise arena. Driven by millennials whose intimate familiarity with iOS comes from growing up with — and spending most of their time with — Apple mobile devices, iOS is poised, believes Apple, to be the operating system that this demographic brings with them as they move into their careers and business lives. Microsoft, among others, is porting hundreds of apps to iOS. Continue reading Apple Envisions iOS as the Future of Business Computing

We recently reported that Hewlett-Packard has plans to split into two businesses — one that will target PCs and printing, and another that will focus on enterprise IT. CEO Meg Whitman promised “new computing experiences” from the former, the first of which we may see next week when “Sprout” is unveiled at a New York event on October 29. According to sources, Sprout combines a large flat screen display with a touch-enabled work surface and an overhead assembly featuring a 3D scanner and projector. Continue reading HP Expected to Debut “Sprout” Computing Product Next Week