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Microsoft, Google Announce Hundreds Of Job Cuts In Tech Departments Despite Robust Financials
Tuesday, June 4, 2024 - 12:10am | 656Satya Nadella-led Microsoft Corporation (NASDAQ:MSFT) and Sundar Pichai’s Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) have announced significant layoffs in their respective departments, impacting hundreds of employees. What Happened: On Monday, Microsoft announced layoffs that can reportedly...
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Truecaller Teams Up With Microsoft To Create AI Voice To Answer Calls: 'Transforming The Way We Interact'
Thursday, May 23, 2024 - 12:04am | 631Truecaller, the popular caller ID app, has announced a new feature that will allow users to create an AI version of their voice to answer incoming calls. This innovation is made possible through a partnership with Microsoft‘s (NASDAQ:MSFT) Azure AI Speech. What Happened: Truecaller, known for...
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Microsoft Build Day 2: Copilot Enjoys 175% Growth, TomTom Wields Azure AI, VP Names 3 Most-Loved Developer Tools
Wednesday, May 22, 2024 - 3:43pm | 517Microsoft Corp‘s (NASDAQ:MSFT) two-day Build event continues to showcase the transformative power of artificial intelligence (AI) and how it reshapes the developer landscape. Keynote speaker Scott Guthrie, VP of Cloud+AI, emphasized that “AI is transforming the world and developers are...
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Microsoft Unveils AI Strategy Updates, Touts 'Fit-To-Purpose' Models, Plans To Expand Azure Footprint
Tuesday, May 21, 2024 - 5:12pm | 531At JPMorgan’s 52nd annual TMC conference in Boston, Microsoft Corp‘s (NASDAQ:MSFT) CVP of Cloud & AI Commercial Marketing, Alysa Taylor, shared valuable insights into the company’s evolving AI strategy and cloud initiatives. Analyst Mark R. Murphy highlighted several critical...
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What's Going On With Nvidia Stock Friday?
Friday, May 17, 2024 - 12:53pm | 458Nvidia Corp (NASDAQ:NVDA) stock is trading lower amid reports of Microsoft Corp (NASDAQ:MSFT) eying Advanced Micro Devices, Inc (NASDAQ:AMD) artificial intelligence chips for its cloud computing clients. Microsoft’s move reflects the acute supply crisis Nvidia is...
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Microsoft Q3 Shines Light On 'AI Innovation Cycle': Analysts See 'Plenty Of Runway For Growth'
Friday, April 26, 2024 - 12:29pm | 1408Technology giant Microsoft Corporation (NASDAQ:MSFT) reported third-quarter financial results that saw revenue and earnings per share beat estimates from analysts. Analysts are praising the company's growth of artificial intelligence platforms. The MSFT Analysts: Oppenheimer analyst Timothy Horan...
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'Another Picasso-Like Performance:' Top Tech Analyst Praises Satya Nadella, Says Microsoft Is Top 'AI Draft Pick' With 20% Rally In Store
Friday, April 26, 2024 - 5:21am | 783Wedbush's Dan Ives praised Microsoft Corp.'s (NASDAQ:MSFT) performance after the company reported its March 2024 quarter earnings and beat revenue and earnings per share (EPS) estimates. What Happened: Ives praised Microsoft CEO Satya Nadella for the company’s performance in the AI and cloud...
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Satya Nadella Says Azure Search, Also Used By ChatGPT, Is 'One Of The Fastest-Growing Services' For Microsoft
Thursday, April 25, 2024 - 11:55pm | 706Microsoft Corp (NASDAQ:MSFT) CEO Satya Nadella addressed concerns about the demand environment for the company’s Azure cloud services during the third-quarter earnings call. What Happened: During the call on Thursday, Nadella spoke about the strong demand for Azure,...
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Is Microsoft Turning Into 'IT For OpenAI'? Insiders Say Tech Giant's AI Strategy Is Overly Reliant On ChatGPT Parent's Partnership
Tuesday, March 12, 2024 - 12:56am | 787Microsoft Corp (NASDAQ:MSFT) insiders are expressing concerns that the company’s AI strategy is becoming too focused on its partnership with ChatGPT-maker OpenAI, to the extent that it is being dubbed the “IT for OpenAI.” What Happened: Some Microsoft insiders are worried that the...
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Unlike Alphabet That Seems Locked In The AI Battle, Microsoft Shined With Its Quarterly Results
Thursday, February 1, 2024 - 12:41pm | 677On Tuesday, Google-parent Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) and Microsoft Corporation (NASDAQ: MSFT) reported their quarterly results. While Alphabet disappointed Wall Street as its holiday-season advertising sales were short of expectations, Microsoft topped analyst estimates....
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Microsoft Q2 Earnings Highlights: Revenue Beat, EPS Beat, Cloud Growth, 'Applying AI At Scale' And More
Tuesday, January 30, 2024 - 5:18pm | 445Technology giant Microsoft Corporation (NASDAQ:MSFT) reported second-quarter financial results after the market close Tuesday. Here are the key highlights. Microsoft’s Q2 Headline Numbers: Microsoft reported second-quarter revenue of $62 billion, which was up 18% year-over-year. The revenue...
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Microsoft Nears Overtaking Apple In Race for Most Valuable US Company Title
Friday, January 5, 2024 - 4:30am | 700In an escalating race for the title of most valuable U.S. company, Microsoft Corp (NASDAQ:MSFT) is closing the gap with Apple Inc (NASDAQ:AAPL). What Happened: As of Thursday, Microsoft’s current valuation stands at $2.73 trillion, approximately $100 billion less...
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AI Can Help Do Your Taxes: How H&R Block Utilizes Microsoft's Azure OpenAI For Customers
Thursday, December 14, 2023 - 3:40pm | 737The 2023 year continues to see increased use cases and rising interest in artificial intelligence (AI). Among the new use cases for AI could be helping with the annual burden of filing taxes. What Happened: More companies are looking for ways to utilize AI to help with operations. Leading tax...
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Google Reportedly Calls For UK Antitrust Measures Against Microsoft's Cloud Computing Dominance
Friday, December 1, 2023 - 7:22am | 682Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has reportedly urged the U.K.’s antitrust regulator, the Competition and Markets Authority or CMA, to investigate Microsoft Corporation (NASDAQ:MSFT) over alleged unfair business practices. What Happened: Following concerns raised...
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Oracle's Larry Ellison And Microsoft's Satya Nadella Bridge Decades-Long Rivalry
Friday, September 15, 2023 - 4:37am | 529Oracle’s (NYSE:ORCL) Larry Ellison and Microsoft Corporation’s (NASDAQ:MSFT) Satya Nadella recently announced a historical collaboration, a notable moment in the tech industry as two longtime rivals join forces to expand their cloud offerings. What Happened: The partnership between...