Microsoft is prepared to abandon its high-stakes negotiations with OpenAI over the future of its alliance, the Financial Times reported on Wednesday. The tech giant has considered pausing discussions with the ChatGPT maker if the two sides remain unable to agree on critical issues such as the size of Microsoft's future stake in OpenAI,

The Wall Street Journal reports that OpenAI may run to the federal government and accuse Microsoft—its own sugar daddy—of anti-competitive practices. Were this to happen, OpenAI execs claim they would seek a federal regulatory review of the terms of the contract between them and Microsoft,

Microsoft (MSFT) is reportedly planning to cut thousands of jobs, according to Bloomberg. Yahoo Finance Tech Editor Dan Howley outlines the latest, including how the tech giant's hefty artificial intelligence (AI) spending,