Tag: $Microsoft

Chevron to fuel massive Microsoft data center in Texas with natural gas

Chevron will fuel a massive Microsoft data center in West Texas with natural gas under a 20-year agreement, the oil major announced Monday.

Oracle says details in report of failed Microsoft cloud deal talks ‘inaccurate’

Oracle said on Tuesday that details in a Business Insider ​report on the collapse of its discussions with ‌Microsoft over a potential leasing deal were inaccurate.

Microsoft Unveils New Quantum Chip. What It Means for the Stock.

Microsoft has launched a new quantum chip that it says is 1000 times more reliable than its predecessor, while halving its timeline to develop a scalable quantum computer to 2029.

Microsoft’s Kenya data center plans hit a new hurdle

Microsoft has reportedly hit a snag in its plan to build a major data center in Kenya, with Bloomberg reporting that talks slowed after the company and its UAE based partner G42 sought guaranteed government payments for annual cloud capacity.

Microsoft Stock Slides After Earnings. What Overshadowed Strong Cloud Growth.

Microsoft (MSFT) stock was sliding on Thursday after the tech giant’s lofty capital spending guidance overshadowed solid growth for its Azure cloud-computing business.

OpenAI shakes up partnership with Microsoft, capping revenue share

OpenAI and Microsoft on Monday announced a revamped partnership agreement that will allow the artificial intelligence company to serve customers across any cloud provider.

Stellantis Inks Artificial Intelligence Deal With Microsoft

Stellantis NV is teaming up with Microsoft Corp. to accelerate deployment of artificial intelligence software across its cars and operations to improve customer experience.

OpenAI pulls back from Stargate Norway data center deal as Microsoft takes over

OpenAI has abandoned plans to rent compute capacity directly from a Norwegian data center, days after confirming it paused a similar project in the U.K.

Amazon Goes Big on OpenAI’s Record Fund Raise. ChatGPT Parent Worth $852 Billion Ahead of IPO.

OpenAI has raised $122 billion ahead of its planned initial public offering. The ChatGPT developer got its biggest backing from Amazon.com (AMZN) as it looks to lessen its dependence on Microsoft (MSFT).

Microsoft plans to invest over $1B in Thailand for cloud, AI infrastructure

Microsoft ​plans to invest more than $1B between 2026 and 2028 in cloud and AI infrastructure and ongoing operations in Thailand.

Nvidia backs AI data center startup Nscale as it hits $14.6 billion valuation

AI data center startup Nscale has raised $2 billion at a $14.6 billion valuation, the company announced on Monday, as the AI infrastructure boom continues.

Microsoft Stock Falls Despite Earnings Beat. Cloud Growth Slowed Slightly.

Microsoft stock was falling ahead of the open Thursday after the tech giant reported better-than-expected fiscal second-quarter results.

Microsoft to invest $17.5 billion in India’s AI infra as Big Tech bets on country’s growth potential

Microsoft on Tuesday announced it would invest $17.5 billion in India’s cloud and artificial intelligence infrastructure, making it the U.S. tech giant’s largest investment in Asia.

Microsoft to invest $17.5 billion in India in largest Asian investment

Microsoft will invest $17.5 billion in India, the company’s Chief Executive Satya Nadella announced on Tuesday via social media platform X.

Microsoft co-designs custom AI chips with Broadcom

Microsoft is discussing plans to co-design custom chips with Broadcom. Big tech companies, which were once major customers of NVIDIA, are reducing their dependence on the company by actively developing their own chips.

French antitrust watchdog dismisses complaint filed against Microsoft

French antitrust watchdog on Thursday dismissed a complaint filed against Microsoft by local search engine Qwant which accused the U.S. company of abusing its dominant position.

Eurobank & Fairfax Digital: Στρατηγική συνεργασία με EY και Microsoft για την επιτάχυνση της υιοθέτησης Αgentic AI στον τραπεζικό κλάδο

H Eurobank, στο πλαίσιο της στρατηγικής της συνεργασίας με την Fairfax Digital Services, ανακοινώνει μια εμβληματική πρωτοβουλία στον τομέα της Τεχνητής Νοημοσύνης, με την υποστήριξη των EY και Microsoft.

Iren Stock Soars. Microsoft’s Capacity Problem Might Just Be Solved.

IREN stock was soaring on Monday after the Australian company agreed a $9.7 billion deal to sell artificial-intelligence cloud capacity to Microsoft.

Nvidia stock climbs 2% as U.S. approves chip sale to the UAE under Microsoft deal

Microsoft said Monday it has secured export licenses to ship Nvidia chips to the United Arab Emirates in a move that could accelerate the Gulf’s lofty AI ambitions.

Microsoft beats revenue expectations and invests a further €30bn in AI

Microsoft beat forecasts on both sales and profit in the last quarter, posting $77.7 billion (€6.62bn) in revenue and $30.8bn (€26.52bn) in income.