35 AI News and Ratings You Should Not Miss

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2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 279

Microsoft Corporation (NASDAQ:MSFT) is a Washington-based technology company. Latest reports, published by news platform Axios on October 23, suggest that the tech giant has partnered with AI startup OpenAI to fund a $10 million AI local news project. The project would be operated by the Lenfest Institute based in Pennsylvania, and five US metro news organizations would be a part of it, including Chicago Public Media, The Minnesota Star Tribune, Long Island Newsday, The Philadelphia Inquirer, and The Seattle Times. Per the report, Microsoft and OpenAI would each contribute towards $5 million in funding for the project. Another $5 million would go towards selected newsrooms to experiment with generative AI projects.

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