Microsoft AI bet shows up in finance leases that haven’t yet commenced

Microsoft AI bet shows up in finance leases that haven’t yet commenced

Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Microsoft will invest $1.7 billion to build out cloud computing and artificial intelligence infrastructure in Indonesia, betting on Southeast Asia’s biggest economy to spur growth. Dimas Ardian | Bloomberg | Getty Images As Microsoft investors … Read more

Intel wild week leaves Wall Street uncertain about chipmaker’s future

Intel wild week leaves Wall Street uncertain about chipmaker’s future

Intel CEO Patrick Gelsinger speaks at the Intel Ocotillo Campus in Chandler, Arizona, on March 20, 2024.  Brendan Smialowski | AFP | Getty Images It was quite a week for Intel. The chipmaker, which has lost over half its value this year and last month had its worst day on the market in 50 years … Read more

Microsoft, BlackRock form GAIIP to invest in AI data centers, energy

Microsoft, BlackRock form GAIIP to invest in AI data centers, energy

Microsoft CEO Satya Nadella speaks during the company’s Build developer conference in Seattle on May 21, 2024. Jason Redmond | AFP | Getty Images Microsoft and BlackRock are part of a group of companies collaborating to pull together up to $100 billion to develop data centers for artificial intelligence and the energy infrastructure to power … Read more

Microsoft Recall AI search for Windows Insiders releases in October

Microsoft Recall AI search for Windows Insiders releases in October

Microsoft Chair and CEO Satya Nadella speaks on the company’s campus in Redmond, Washington, on May 20, 2024. Jason Redmond | AFP | Getty Images Microsoft said Wednesday it will release its controversial Recall artificial intelligence search feature for Windows users to test beginning in October. Recall takes screenshots of activity on screen so people … Read more

Microsoft’s $13 billion artificial intelligence bet

Microsoft’s  billion artificial intelligence bet

OpenAI, the company behind the ChatGPT chatbot, was founded in 2015 by a number of researchers, academics and entrepreneurs, including Sam Altman, Greg Brockman and Elon Musk. Altman and Brockman are still at OpenAI, serving as CEO and president, respectively. Musk departed in 2018. At the time, OpenAI said Musk left to avoid a conflict … Read more

Microsoft fires back at Delta after outage, says airline declined help

Microsoft fires back at Delta after outage, says airline declined help

Microsoft fired back at Delta Air Lines on Tuesday after the carrier said it would seek damages from the software giant and CrowdStrike for thousands of flight cancellations in the wake of a massive IT outage. Delta struggled more than rival airlines to recover from the outage, cancelling more than 5,000 flights in the days … Read more

Microsoft touts cloud momentum from Y Combinator startups

Microsoft touts cloud momentum from Y Combinator startups

EzDubs founders Amrutavarsh Kinagi (left), Kareem Nassar and Padmanabhan Krishnamurthy pose for a photo in Palo Alto, California, in August 2023. EzDubs, a developer of language-translation technology, got started the way many tech startups get off the ground. It launched on public clouds from Amazon and Google. However, after EzDubs went through the Y Combinator … Read more

Nvidia stock up after Microsoft, AMD quell fears AI buildout too fast

Nvidia stock up after Microsoft, AMD quell fears AI buildout too fast

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference on March 18, 2024.  David Paul Morris/Bloomberg via Getty Images Nvidia shares popped 13% Wednesday after remarks from top customer Microsoft and rival chipmaker AMD signaled there wouldn’t be a slowdown in the … Read more

Microsoft (MSFT) Q4 earnings report 2024

Microsoft (MSFT) Q4 earnings report 2024

Microsoft CEO Satya Nadella speaks during the company’s Build developer conference in Seattle on May 21, 2024. Jason Redmond | AFP | Getty Images Microsoft is scheduled to report fiscal fourth-quarter earnings after U.S. market close on Tuesday. Here’s what analysts polled by LSEG are looking for: Earnings per share: $2.93 Revenue: $64.39 billion Microsoft … Read more

Microsoft to settle case on protected leave for California employees

Microsoft to settle case on protected leave for California employees

A logo sits illuminated at the Microsoft booth in the Mobile World Congress 2024 in Barcelona on Feb. 26, 2024. Xavi Torrent | Getty Images News | Getty Images Microsoft is paying $14.4 million to settle a case in California over allegations that the company retaliated against employees who had taken legally protected time off. … Read more