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OpenAI IPO Filing Could Reshape the Future of AI
OpenAI has taken a major step toward Wall Street by confidentially filing for an initial public offering with the U.S. Securities and Exchange Commission. The move could lead to one of the largest public listings in market history, with the ChatGPT maker reportedly valued at more than $850 billion. Although OpenAI has not confirmed when it plans to go public, the confidential filing allows regulators to review its financial disclosures before they are eventually made public t
Covertly AI
Jun 133 min read


OpenAI Defeats Elon Musk in Major AI Lawsuit Verdict
A California jury has ruled in favor of OpenAI CEO Sam Altman in a closely watched legal battle brought by Elon Musk, ending one of the most dramatic courtroom clashes in the history of the artificial intelligence industry. The federal jury in Oakland found that Altman, OpenAI, company president Greg Brockman, and Microsoft were not liable for Musk’s claims that they had betrayed OpenAI’s original nonprofit mission for personal and commercial gain. After less than two hours o
Covertly AI
May 193 min read


Microsoft, Google, and xAI Open AI Models to U.S. Review
Microsoft, Google DeepMind, and Elon Musk’s xAI have agreed to give the U.S. government early access to their newest artificial intelligence models before they are released publicly. The agreement was announced by the Commerce Department’s Center for AI Standards and Innovation, known as CAISI. The goal is to let government researchers examine powerful AI systems ahead of public launch so they can better understand possible security risks, weaknesses, and national security co
Covertly AI
May 103 min read


Paul Tudor Jones Says AI Bull Market Still Has Room to Run
Billionaire hedge fund manager Paul Tudor Jones believes the artificial intelligence-driven bull market still has more room to grow, even as he warns that the eventual ending could bring a sharp correction. Speaking on CNBC, Jones said the current AI boom reminds him of earlier technology revolutions, including Microsoft’s early rise in the 1980s, the launch of Apple II, and the commercial internet wave of the mid-1990s. In his view, AI is still in the early stages of a major
Covertly AI
May 103 min read


Elon Musk and Sam Altman Face Off in OpenAI Trial
Elon Musk and Sam Altman are heading into one of the most closely watched legal battles in the artificial intelligence world, as Musk’s long-running lawsuit against OpenAI finally moves to trial. The case begins with jury selection in Oakland, California, before U.S. District Judge Yvonne Gonzalez Rogers, with opening arguments expected shortly after. Musk, Altman, OpenAI president Greg Brockman, and Microsoft CEO Satya Nadella are all listed among the possible witnesses. At
Covertly AI
Apr 273 min read


Microsoft Expands AI Infrastructure in Ontario With 1,250 Jobs
Microsoft’s latest expansion in Ontario shows how the race to build artificial intelligence infrastructure is becoming just as much about economic growth and public trust as it is about technology. As part of its previously announced $19 billion commitment to Canada, Microsoft is expanding its cloud and AI infrastructure across Ontario in a move expected to strengthen the province’s computing capacity, reinforce its leadership in the digital economy, and support 1,250 jobs. T
Covertly AI
Apr 83 min read


Microsoft to Invest $17.5B in India: The AI Race Accelerates
Microsoft is placing a major bet on India’s role in the global AI economy, announcing plans to invest $17.5 billion in the country over the next four years as competition intensifies among Big Tech players racing to secure computing power, talent, and customers. The commitment, described as Microsoft’s largest investment in Asia, will roll out from 2026 through 2029 and builds on the $3 billion the company pledged in India earlier this year. With India’s massive internet an
Covertly AI
Dec 10, 20253 min read


Microsoft Commits $3 Billion to Strengthen AI and Cloud Infrastructure in India
Microsoft has unveiled a significant investment initiative, committing $3 billion to bolster India's cloud and artificial intelligence...
Covertly AI
Feb 10, 20252 min read


Microsoft's €4.3 Billion Investment in Italy to Advance AI and Cloud Infrastructure
Microsoft has announced its most significant investment in Italy, committing €4.3 billion over the next two years to expand its...
Covertly AI
Jan 24, 20252 min read


Microsoft's $3 Billion Investment to Make India an AI Powerhouse
Microsoft has announced a landmark $3 billion investment to enhance India's cloud computing and artificial intelligence (AI)...
Covertly AI
Jan 21, 20252 min read


Vatican and Microsoft Unveil AI-Powered Virtual Twin of St. Peter’s Basilica, Opening New Doors for Heritage Preservation and Pilgrimage
The Vatican has embarked on an ambitious digital journey with Microsoft, creating a groundbreaking AI-powered "digital twin" of St....
Covertly AI
Nov 20, 20242 min read
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