Tag: microsoft
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Microsoft plans to unveil next-generation AI chip in September, The Information reports
Aug 10 : Microsoft is planning to unveil its new Maia 300 AI chip this fall, potentially as soon as next month, The Information reported on Monday, citing people with direct knowledge of the plans.The company introduced its Maia AI chip in November 2023 but has lagged rivals such as Alphabet and Amazon in sca
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Microsoft plans to unveil new Maia 300 AI chip in September, The Information reports
Aug 10 : Microsoft is planning to publicly unveil its new Maia 300 chip this fall, potentially as soon as next month, The Information reported on Monday, citing people with direct knowledge of the plans.Microsoft introduced the Maia chip in November 2023 but has lagged its peers in ramping it up to scale as i
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Microsoft opens its largest India data center hub as AI race heats up
Aug 6 : Microsoft launched its largest India data center in Hyderabad on Thursday and has signed up Adani Group and HDFC Bank among early users as it races rivals for the country’s fast-growing AI market.The India South Central facility brings Microsoft’s cloud regions in India to four, adding to existing cen
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ArcelorMittal expands Microsoft partnership on cloud
Aug 3 : Steelmaker ArcelorMittal said on Monday it was expanding its collaboration with Microsoft as part of its “Cloud First, Data Centric” strategy, which uses Azure as its primary cloud computing platform.The company said it would integrate Microsoft Fabric, Purview and Foundry to modernize its IT systems,
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Microsoft sets record with near $450 billion single-day gain in market value
July 30 : Microsoft added nearly $450 billion in market value on Thursday, the largest one-day gain on record for a company, after it forecast stronger-than-expected cloud growth and signaled continued cash generation through its new fiscal year.The software giant’s shares closed up more than 15 per cent, lif
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Microsoft set for record one-day market cap gain after upbeat Azure forecast
July 30 : Microsoft’s shares soared more than 16 per cent on Thursday, putting the company on track for a record one-day gain in market value after it said it expects to keep generating cash through its new fiscal year and forecast cloud growth above Wall Street expectations.If gains hold, the software giant
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Cyber firm Wiz says flaw could have led to mass exposure of Microsoft cloud customers
WASHINGTON, July 30 : Alphabet-owned cybersecurity company Wiz said on Thursday it had found a sweeping flaw that could have compromised Microsoft and thousands of its cloud customers.Wiz said in a post on its website that a now-patched vulnerability in a key Microsoft database service, Azure CosmosDB, would
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Microsoft says cash will keep flowing from AI, shares rise
July 29 : Microsoft on Wednesday said it expects to keep generating cash through its just-started fiscal 2027 and gave a capital expenditure forecast below Wall Street estimates after an accounting change for data center leases.The company also forecast sales and cloud growth that beat expectations for its cu
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Microsoft cloud forecast beats estimates as cash keeps flowing from AI, shares rise
July 29 : Microsoft on Wednesday said it expects to keep generating cash through its fiscal 2027 and gave a capital expenditure forecast below Wall Street estimates after changing how it accounts for long-term data center leases.The company also forecast sales and cloud growth that beat expectations for its c
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Microsoft tops quarterly cloud growth estimates, easing spending concerns
July 29 : Microsoft topped Wall Street estimates for quarterly cloud revenue growth on Wednesday, a sign its massive spending on AI infrastructure was paying off as capacity constraints ease and more businesses adopt the technology.Revenue at the company’s Azure cloud-computing business rose 43 per cent in it
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