Tag: $Microsoft

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

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

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

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 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.

British autonomous driving technology group Wayve is in talks with Microsoft (MSFT.O), and SoftBank (9984.T), to raise up to $2 billion in funding, which could value the firm at about $8 billion, the Financial Times reported on Monday, citing sources.

Nebius Group (NBIS.O), said on Monday it will provide Microsoft (MSFT.O), with GPU infrastructure capacity, in a deal worth $17.4 billion, over a five-year term, sending its shares soaring over 47% after the bell.

Microsoft(MSFT) stock surged on better-than-expected financial results for its latest quarter and strong guidance, putting the tech giant on track to hit a $4 trillion market cap. The beat was driven in part by double-digit revenue growth in the tech firm’s closely watched Azure cloud business.

Microsoft (MSFT.O), is prepared to abandon its high-stakes negotiations with OpenAI over the future of its alliance, the Financial Times reported on Wednesday.

Microsoft has offered to sell its Office product without Teams at a lower price than Office with Teams, as well as offer rivals better interoperability access to its services and products, EU antitrust regulators said on Friday.

Microsoft began laying off about 6,000 workers Tuesday, nearly 3% of its entire workforce and its largest job cuts in more than two years as the company spends heavily on artificial intelligence.

Microsoft (MSFT)+0.31% stock was rising after the tech giant reported better-than-expected third-quarter earnings and revenue.

Microsoft backed away from U.S. and European data center projects totaling 2 gigawatts over the past six months, TD Cowen analysts said, attributing the move to excess infrastructure relative to current AI demand.

Microsoft Corp. has canceled some leases for US data center capacity, according to TD Cowen, raising broader concerns over whether it’s securing more AI computing capacity than it needs in the long term.

Microsoft reported second-quarter earnings and revenue that beat Wall Street estimates on Wednesday. The stock, however, was dropping.

Microsoft edged its way into the quantum computing conversation Tuesday by proclaiming that 2025 would be the year for its business customers to become “quantum-ready” by preparing their organizations for the eventual technological leap.

Microsoft will spend $3 billion to expand its Azure cloud and artificial intelligence (AI) capacity in India, CEO Satya Nadella said on Tuesday, doubling down on a country with tech expertise and low costs to help turn such investments profitable.