Microsoft News - March 24, 2026
Microsoft Shares Drop, as AI Cost Concerns Overshadow BofA Buy Rating
Bank of America reinstated coverage of Microsoft with a Buy rating. The bank issued a $500 price objective, implying a potential 31% upside. Analysts...
Databricks launches Lakewatch security platform, acquiring two AI startups to rival Splunk
Databricks is entering the cybersecurity market with Lakewatch, an AI-powered Security Information and Event Management (SIEM) platform. The system unifies...
OpenAI CEO Altman cedes safety oversight, prioritizing massive capital and infrastructure
OpenAI CEO Sam Altman is ceding direct oversight of the company’s safety and security teams. This organizational shift redirects his focus toward strategic...
OpenAI nears $10B funding at $730B valuation, fueling AI race
Microsoft-backed OpenAI is nearing a deal to raise approximately $10 billion from venture investors. The new capital brings the total for the current...
OpenAI Releases Open-Source Tools to Bolster Teen Safety in AI
OpenAI has launched a suite of open-source tools to help developers build safer AI applications for teenagers. The release includes a 'safety prompt pack' with...
OpenAI Nonprofit to Invest $1B, Taps Co-Founder for Safety Push
OpenAI’s nonprofit arm plans to invest $1 billion in AI-related causes through 2026, according to Bloomberg News. The commitment focuses on the safe and...
Microsoft Secures 700MW Texas Data Center, Replacing Oracle and OpenAI
Microsoft leased a 700-megawatt data center project in Abilene, Texas, from developer Crusoe. This agreement significantly expands Microsoft’s infrastructure...
Microsoft targets $500 as BofA sees 31% upside, citing AI growth
Bank of America reinstated coverage of Microsoft with a Buy rating and a $500 price target. This valuation implies a potential 31% upside from current...