Page 8 - Microsoft

Why does the rise of Nvidia and AI remind people of the dot-com boom?

Chipmaker Nvidia surpassed Microsoft to become the world's most valuable company amid the AI boom. Are there parallels with the dot-com boom and bust?

Nvidia becomes world's most valuable company as AI rally steams ahead

Shares rose as much as 3.4% to about $3.3 trillion on Tuesday, catapulting it over Microsoft Corp. and Apple Inc

AI in India gets a boost as Microsoft, Amazon invest billions in data infra

Microsoft has pledged $3.7 bn to build data centres in Telangana, while Amazon plans to invest $12.7 bn in Cloud infrastructure in India

New Microsoft update enables direct file sharing from Windows 11 to Android

The feature will include Android in the share menu of Windows and files can be shared directly. It is available for Windows 11 insiders and it is not clear when it will be available to all

Google, Microsoft want nuclear power but doesn't see role as investor

Building reactors, especially plants using new technologies, comes with high costs and high risk, according to Briana Kobor, head of energy market innovation at Alphabet Inc.'s Google

Ready to put billions into nuclear power project in Wyoming: Bill Gates

TerraPower LLC, a startup founded by Gates, broke ground for construction of its first commercial reactor last week in Wyoming, where a coal plant is shutting down, he said

Microsoft to invest $7.16 bn in new data centres in northeastern Spain

Aragon's regional government said the U.S. tech giant had applied for a construction permit to build data centres at a site outside city of Zaragoza, confirming a report by local newspaper El Heraldo

Apple with AI beats Microsoft to become world's most valuable company

The tech giant has trailed rivals such as Microsoft and Google-owner Alphabet in the red-hot field of AI, a reason why its shares underperformed this year compared to its peers

Microsoft President Smith to testify before House panel on security lapses

China-linked hackers stole 60,000 US State Department emails last year by breaking into the tech giant's systems, while a Russian group spied on Microsoft's senior staff emails earlier this year

HCL Technologies launches Enterprise AI Foundry to speed up GenAI-led biz

IT services company HCL Technologies (HCLTech) on Monday announced the launch of Enterprise AI Foundry and said it will simplify and scale enterprise AI journeys across business value chains. An HCLTech release said that the integrated suite of assets combines data engineering and Artificial Intelligence (AI) with cognitive infrastructure to accelerate Generative AI (GenAI)-led transformation across business value chains. "HCLTech announced the launch of HCLTech Enterprise AI Foundry to simplify and scale enterprise AI journeys," the release said. HCLTech Enterprise AI Foundry is tuned for Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform (GCP), and designed to scale for on-premises infrastructure. "It removes the complexity of industrial-scale AI foundation models, data silos and overload of tools and frameworks, empowering IT leaders to establish seamless integration across IT and data assets," the release further said. It effectively enables business leaders

To quell investors' doubt, AI to be Apple's sole focus at annual conference

More is at stake at the Apple Worldwide Developers Conference (WWDC 2024) than in previous such events, as the iPhone maker seeks to reassure investors that it has not lost the AI battle to Microsoft

Microsoft unveils digital Xbox consoles, COD Black Ops 6 gameplay, and more

Microsoft introduced the Xbox Series X gaming console in a disc-free variant and a new disc model with up to 2TB storage. Alongside, the Xbox Series S is introduced in a new colour variant

US antitrust enforcers to investigate Microsoft, Nvidia, and OpenAI

US antitrust enforcers have decided to investigate the roles Microsoft, Nvidia and OpenAI have played in the artificial intelligence boom, according to people familiar with the pending actions. The Department of Justice will launch an investigation of chipmaker Nvidia, while the Federal Trade Commission will scrutinise close business partners Microsoft and ChatGPT-maker OpenAI, according to two people who were not authorised to publicly discuss details of the investigations and spoke to The Associated Press on condition of anonymity. Nvidia and OpenAI declined to comment Thursday. Microsoft didn't immediately respond to a request for comment. The New York Times was first to report Thursday on a deal between antitrust regulators at the two agencies. Emboldened by President Joe Biden's push for tougher scrutiny of Big Tech's business practices, federal officials have signalled for more than a year that they've been watching out for monopolistic behaviour in the rapidly advancing ...

Microsoft, Nvidia, Apple now worth more combined than China's stock market

With a total market capitalization of about $9.2 trillion, the three most valuable tech firms have overtaken all of the nearly $9 trillion worth of stocks actively traded on Chinese exchanges

'US regulators to open antitrust probe against Microsoft, OpenAI & Nvidia'

The US Department of Justice will take the lead in investigating Nvidia while the FTC will examine the conduct of OpenAI and Microsoft

Tech job cut: Microsoft lays off 1,000 employees from mixed reality team

Majority of the jobs cut have been within Microsoft's Strategic Missions and Technologies organisation, which aims to sell the company's cloud software and server rentals for businesses

Few AI deepfakes identified in EU elections, says Microsoft President Smith

'We have to recognise the risks that AI can create in the context of creating abusive content and one form of abusive content would be AI generated deep fakes,' Smith said

Microsoft to invest $3.2 billion to expand AI, cloud infra in Sweden

The investment, Microsoft's biggest to date in Sweden, includes a pledge to help train some 250,000 people with AI skills

Microsoft to pay off cloud industry group to end EU antitrust complaint

The pact would include a possible multimillion-euro payment to the trade association, according to the report, and separate payments could also be made to individual companies

Arm processors: What they are and why they are gaining ground in PC segment

Arm processors are known for power efficiency, which makes them ideal for battery-powered portable devices such as smartphones and tablets