Page 27 - Microsoft

Alphabet, Microsoft earnings show hefty AI bets are driving growth

After pouring billions of dollars into the infrastructure needed to support AI applications, both Alphabet and Microsoft reported that their quarterly revenue growth was outpacing expectations

Elon Musk escalates OpenAI fight with subpoena of ex-board member Toner

The subpoena, which was signed on Tuesday, demanded that Toner hand over information by May 21, 2024

Microsoft-backed Rubrik prices US IPO above range at $32 per share

Rubrik upsized its IPO to raise $752 million after selling 23.5 million shares, the company said in a statement. This confirmed an earlier Reuters report about the offering details

Microsoft, Amazon face scrutiny from UK govt over recent AI deals

British competition regulators said Wednesday they'll scrutinise recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industry. The Competition and Markets Authority said it's looking into Microsoft's partnership with France's Mistral AI and the company's hiring of key staff from another startup, Inflection AI. The watchdog also separately announced that it's investigating Amazon's $4 billion investment in San Francisco-based Anthropic. Big Tech companies have been pouring money into generative AI startups amid growing public and business interest in the technology, but the investments have also drawn attention from antitrust authorities. The UK watchdog said it was seeking comments from interested third parties," before deciding whether to carry out an in-depth antitrust investigation. "We will assess, objectively and impartially, whether each of these three deals fall within UK merger rules and, if they do, .

Microsoft launches lightweight artificial intelligence model Phi-3-mini

SLMs are designed to perform simpler tasks, making it easier for use by companies with limited resources, the company said

Cognizant partners with Microsoft to boost GenAI, copilot adoption

American IT firm Cognizant on Monday said it has partnered with Microsoft Corporation to expand the reach of the latter's generative AI and copilots, enhance employee experiences, and accelerate cross-industry innovation. The partnership will use Microsoft Copilot and Cognizant's advisory and digital transformation services to help employees and enterprise customers operationalise generative AI and realise strategic business transformation, a company statement said. The company said it will contribute to the projected USD 1 trillion that AI is expected to inject into the US GDP over the next 10 years. It added that the partnership will also benefit India. "AI is expected to add USD 450-500 billion to India's GDP by 2025, accounting for 10 per cent of the country's USD 5 trillion GDP target," it said. As part of the partnership, Cognizant purchased 25,000 Microsoft 365 Copilot seats for Cognizant associates, along with 500 Sales Copilot seats and 500 Services Copilot seats, and wil

Cognizant, Microsoft announce partnership to expand adoption of GenAI

Cognizant purchased 25,000 Microsoft 365 Copilot seats for Cognizant associates, along with 500 Sales Copilot seats and 500 Services Copilot seats

Google Chats now offers cross-messaging to Microsoft Teams, Slack and more

Messaging across platforms will, however, require Google Workspace subscription and Mio licence for businesses

Microsoft's OpenAI partnership could face EU antitrust probe: Report

The people said the European Union antitrust regulator had decided not to investigate the partnership under EU merger rules, but that Microsoft could still face an antitrust investigation

Russian influence operations targeting US election have begun: Microsoft

While the Russian activity Microsoft observed is not as intense as around the previous elections, it could increase in the coming months, the researchers said

Microsoft-OpenAI deal set to dodge formal EU merger probe, says report

UK's Competition and Markets Authority is reviewing whether to launch a probe to see if the deal affects competition among British firms

Microsoft to invest $1.5 bn in UAE-based AI firm G42, takes minority stake

G42 had divested its investments in China and began the lengthy task of pulling out Chinese hardware amid US concerns over its relationship with Chinese businesses

Microsoft, beset by cyberattacks, grapples with issue years in making

In recent years, Microsoft Corp. has been hit with a series of embarrassing hacks that have exposed corporate and government customers

Microsoft-backed cybersecurity firm Rubrik aims to raise $713 mn in IPO

Goldman Sachs, Barclays, Citigroup, and Wells Fargo are the lead underwriters for Rubrik's IPO

OpenAI, Meta to roll out AI versions capable of planning, reasoning

Meta plans to release Llama 3 in the upcoming weeks, while OpenAI's AI model 'GPT-5' will also be introduced soon

Big Tech's 'interconnected web' of AI investments concerns UK's CMA

The Competition and Markets Authority said Thursday it's uncovered an "interconnected web" of partnerships and investments within AI involving a handful of the same tech firms

Tech Mahindra, Microsoft announce unified workbench for analytics platform

The collaboration will help organisations to adopt Microsoft Fabric and create complex data workflows with simple-to-use interface

Apple targets new Miami office space following Amazon and Microsoft

The company already has a smaller office in the vicinity, which has focused mostly on Latin America as well as the advertising business, including selling ad slots in the App Store

IBM, Microsoft collaborate to launch experience zone in Bengaluru

IBM Consulting and Microsoft on Thursday announced the launch of the IBM-Microsoft Experience Zone in Bengaluru, which is a first-of-its-kind collaboration. The Experience Zone provides a dedicated space for clients to explore how generative AI, hybrid cloud and other Microsoft products and technologies can accelerate their business transformation journeys and help them gain a strategic advantage, IBM said in a statement. At the Experience Zone, clients from around the globe and across industries can work with IBM Consulting, in various technology zones, to co-ideate and co-create generative AI-powered solutions that leverage Azure OpenAI Service, Copilot and other Microsoft technologies, it added. Within the technology stations, clients can explore business solutions for cloud modernisation, data, analytics and advanced AI, customer relationship management, employee experience, finance and operations, IoT and edge, and emerging technology including augmented reality and virtual ...

Microsoft, Quantinuum claim breakthrough in quantum computing: Details here

Microsoft said it plans to release the Quantum computing technology to its cloud computing customers in the coming months