Microsoft pledged a $2.2 billion investment in artificial intelligence and cloud computing in Malaysia on Thursday to help develop the country's AI infrastructure
Over the next four years, Microsoft plans to invest USD 1.7 billion in growing cloud services and artificial intelligence in Indonesia, according to Satya Nadella, the company's chairman and CEO. Data centre construction will also be a part of the investment.
Alphabet reported profit of $23.7 billion on revenue of $80.5 billion, Microsoft's revenue was $61.9 billion, with net profit up by 20 percent to $21.9 billion
Microsoft has unveiled plans to open a new artificial intelligence (AI) hub in London, UK, with a primary emphasis on researching large language models and associated infrastructure. The Microsoft AI Hub team will be led by AI scientist and engineer Jordan Hoffmann, with Mustafa Suleyman, co-founder of Google DeepMind, as EVP and CEO.
Microsoft and OpenAI are reportedly planning on building a data centre that would cost as much as $100 billion, as per a report by the global news platform The Information. The report adds that this data centre could also include an AI supercomputer called 'Stargate', which is set to launch in 2028.
Microsoft is planning to introduce a unified version of Teams that combines both personal and work accounts. Currently undergoing testing, the new unified Microsoft Teams app is set to debut for commercial users in April.
Microsoft and Amazon have recently attracted scrutiny in Britain, the EU and the US over their market power in cloud computing
Bezos had committed $100 million through his firm Explore Investments LLC and Microsoft is investing $95 million, while Nvidia and an Amazon-affiliated fund are each providing $50 million
Microsoft will use its 18A technology to make an undisclosed chip and that it now expects $15 billion of foundry orders
Microsoft has edged past Apple to become the most valuable company in the world
Declining Iphone sales has caused Apple stocks to dip, and Microsoft looking to take advantage
Microsoft has recently released the Xbox Series S Toaster, a kitchen appliance inspired by the design of the Xbox Series S gaming console. The toaster, currently listed in Walmart for US$39.99, will imprint an Xbox sphere logo on the bread during toasting.
OpenAI and its financial supporter Microsoft have faced a new class action lawsuit by two US-based nonfiction authors for copyright infringement. Filed in a Manhattan federal court, the lawsuit claims that the two authors' works were improperly utilised by the companies to train the AI models behind ChatGPT and other AI-driven services.
The New York Times, the US-based news platform, has filed a lawsuit against OpenAI and Microsoft over copyright infringement, alleging the unauthorised use of millions of the newspaper's articles to train chatbots designed to deliver information to readers.
Microsoft is delving into the world of artificial intelligence (AI) to ease the complex approval process for next-generation nuclear reactors. The tech giant aims to leverage small modular reactors (SMRs) to meet the escalating electricity demands driven by the widespread use of OpenAI's ChatGPT, with 100 million weekly users as of November 2023, according to techcrunch.
Microsoft and the AFL-CIO, the pre-eminent labor group in the United States, have entered into a partnership to better address the consequences of artificial intelligence on the workforce and to guide government regulation.
Microsoft said in a statement on Friday that it does not own any part of OpenAI, an artificial intelligence powerhouse.
OpenAI, the parent company of ChatGPT, is not likely to grant board seats to investors such as Microsoft, Khosla Ventures, and Thrive Capital for its new board, according to a source familiar with the matter.
OpenAI announced on Tuesday its co-founder Sam Altman will return as CEO, days after he was fired by the board