Microsoft News - May 5, 2026
OpenAI projects $50 billion computing spend by 2026, fueling AI race
OpenAI President Greg Brockman testified the company expects to spend $50 billion on computing power in 2026. This figure marks a significant rise from the...
OpenAI Launches Self-Serve Ads, Scrapping $50,000 Minimum Spend
OpenAI launched a beta self-serve Ads Manager for ChatGPT in the United States. The platform targets businesses of all sizes, including small and medium-sized...
OpenAI upgrades ChatGPT to GPT-5.5 Instant, halving factual errors
OpenAI released GPT-5.5 Instant as the new default model for all ChatGPT users, replacing GPT-5.3 Instant. The company states the update provides smarter and...
Microsoft Overhauls Xbox Leadership Under Asha Sharma, Pivoting To AI
Asha Sharma became CEO of Microsoft’s gaming division in February 2026. She is currently restructuring the unit’s leadership to align with a new strategic...
Microsoft, Google, and xAI Grant US Early Model Access, Citing Security
Microsoft, Google, and Elon Musk’s xAI will provide the U.S. government with early access to new artificial intelligence models before public release. This...
Y Combinator holds $5 billion OpenAI stake, originating from 2016 seed round
Y Combinator owns an approximate 0.6% stake in OpenAI. This previously non-public holding is worth over $5 billion according to a report from Daring...
Nscale invests €695M in Portugal for Microsoft, deploying 66,000 Nvidia Rubin GPUs
Nscale is investing €695 million to expand its Microsoft partnership in Sines, Portugal. The capital will fund new infrastructure at the Start Campus data...
OpenAI and Anthropic Face Scrutiny, As Circular Financing Inflates Sales
Analysts are flagging financial reporting practices at major AI companies like OpenAI and Anthropic that may inflate sales figures. Tech giants including...
S&P and Nasdaq fast-track mega-IPOs, eyeing SpaceX and OpenAI
S&P Dow Jones Indices and Nasdaq are revising rules to allow faster inclusion of massive private companies like SpaceX and OpenAI. These firms could rank among...
OpenAI rejected Altman's robotics and hardware spinoff plan, designed for independent growth
OpenAI CEO Sam Altman proposed spinning off the company’s robotics and consumer hardware divisions in late 2025. This plan aimed to provide these...