WS #11389
OpenAI reportedly considering offering US government a 5% equity stake ahead of IPO to improve relations and ensure public benefits from AI wealth. Microsoft cutting 2.2% of workforce (4,840 jobs) in sales, consulting, and Xbox amid $100B AI spending; stock drops 19% to 52-week low; new AI unit pressures Accenture.
OpenAI Proposes US Government Stake
OpenAI reportedly considering offering US government a 5% equity stake ahead of IPO to improve relations and ensure public benefits from AI wealth.
Microsoft cutting 2.2% of workforce (4,840 jobs) in sales, consulting, and Xbox amid $100B AI spending; stock drops 19% to 52-week low; new AI unit pressures Accenture.