#microsoft

Financial Performance Revenue: Microsoft reported revenue of $65.6 billion, marking a 16% year-over-year increase. Earnings Per Share (EPS): $3.30, up 10%, reflecting solid profitability. Microsoft Cloud Revenue: Reached $38.9 billion, up 22%, driven by demand for AI and cloud services...

The competition to deploy autonomous agents—AI-driven digital assistants capable of complex, decision-making tasks—is intensifying among tech giants, especially between Microsoft (MSFT) and Salesforce (CRM). These tools are emerging as pivotal assets for businesses seeking to streamline...

Microsoft (NasdaqGS) is advancing its strategic position through significant innovations in artificial intelligence (AI), particularly in the healthcare sector, and expanding key partnerships across various industries. The tech giant is navigating a complex landscape characterized by strong...

Microsoft announced the departure of Sebastien Bubeck, its Vice President of GenAI research, who is set to join OpenAI, the prominent AI startup behind ChatGPT. While Bubeck’s role at OpenAI has not been specified, his move marks a significant shift within the AI sector. A Microsoft spokesperson...

In a significant move to cement its leadership in the generative AI space, OpenAI has successfully raised $6.6 billion in a new funding round, boosting the company's valuation to an impressive $157 billion. The round was spearheaded by Thrive Capital, led by Josh Kushner, with a notable $1.3...

Microsoft Corporation (NASDAQ: MSFT) has announced an 11% increase in its dividend and expanded its stock buyback program by $60 billion, reinforcing its strong financial performance and commitment to returning value to shareholders. This move highlights the company's confidence in its future...

Microsoft Corporation (NASDAQ: MSFT) has unveiled a $1.3 billion investment plan to strengthen AI infrastructure in Mexico over the next three years. The initiative, announced by CEO Satya Nadella during an event in Mexico City, is focused on expanding connectivity and fostering the adoption of...

Constellation Energy Corporation (NASDAQ: CEG) has formed a strategic partnership with Microsoft to restart the iconic Three Mile Island nuclear power plant in Pennsylvania, which was shut down in 2019. The collaboration underscores the rising demand for clean and reliable energy solutions to...

MICROSOFT, BLACKROCK FORM GROUP TO RAISE $100 BILLION TO INVEST IN AI DATA CENTERS AND POWER Microsoft and BlackRock have joined forces to launch the Global Artificial Intelligence Infrastructure Investment Partnership (GAIIP), a major initiative aimed at raising up to $100 billion to support...

Microsoft (MSFT) made significant announcements on Monday, unveiling a $60 billion stock buyback program and a 10% increase in its quarterly dividend, raising it from 75 cents to 83 cents per share. This dividend is set to be paid on December 12, with shareholders on record as of November 21...

SUMMARY: Microsoft is set to host a pivotal cybersecurity summit on September 10, 2024, in Redmond, Washington, in partnership with CrowdStrike, government officials, and other major technology firms. This summit comes in the wake of a catastrophic system outage in July, triggered by a flawed...