Page 11 - Microsoft

Microsoft acquires a 48-acre plot in Hyderabad. Here's how much it paid

Tech giant Microsoft Corporation has acquired a 48-acre parcel of land in Hyderabad to develop one of the largest data centres in the area

Microsoft readies new AI model to compete with Google, OpenAI: Report

Microsoft has been setting aside large cluster of servers equipped with Nvidia's graphic processing units along with large amounts of data to improve the model, according to the report

Wipro, Microsoft team up for AI virtual assistants for financial services

Wipro's new GenAI-powered cognitive assistants will operate on Microsoft Azure Open AI and will be accessible through Azure App Services

Microsoft adds security chiefs to product groups in wake of hackings

The software giant said it is adding deputy chief information security officers within its product groups, while declining to identify the new officials

Arc browser now available for Windows: What it is, how to download, install

Though built on Apple's Swift programming language, the initial version of the Arc browser for Windows lack some features that are supported on Apple's macOS version

Microsoft to power data centres with Brookfield renewables deal: Report

Microsoft expects its partnership with Brookfield to help finance the creation of renewable electricity projects to be built between 2026 and 2030

Eight US newspapers sue OpenAI, Microsoft for copyright infringement

A group of eight U.S. newspapers is suing ChatGPT-maker OpenAI and Microsoft, alleging that the technology companies have been purloining millions of copyrighted news articles without permission or payment to train their artificial intelligence chatbots. The New York Daily News, Chicago Tribune, Denver Post and other papers filed the lawsuit Tuesday in a New York federal court. We've spent billions of dollars gathering information and reporting news at our publications, and we can't allow OpenAI and Microsoft to expand the Big Tech playbook of stealing our work to build their own businesses at our expense, said a written statement from Frank Pine, executive editor for the MediaNews Group and Tribune Publishing. The other newspapers that are part of the lawsuit are MediaNews Group's Mercury News, Denver Post, Orange County Register and St. Paul Pioneer-Press, and Tribune Publishing's Orlando Sentinel and South Florida Sun Sentinel. All of the newspapers are owned by Alden Global ...

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