Tag: microsoft
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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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UK regulator investigates whether Microsoft misled personal and family customers
LONDON, July 29 : Britain’s antitrust regulator said it would investigate Microsoft over whether it misled personal and family customers when marketing subscription plans for its ever-popular Microsoft 365 product, resulting in them overpaying.The Competition and Markets Authority said on Wednesday the probe
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Microsoft set for $190 billion market value swing after earnings results, options indicate
NEW YORK, July 29 : Options traders expect a roughly $190 billion swing in Microsoft’s market value after it reports earnings on Wednesday, an unusually large move that underscores investors’ growing eagerness to see if billions of dollars in AI spending are beginning to pay off.The tech company’s options imp
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UK’s competition regulator investigates Microsoft over 365 subscriptions
LONDON, July 29 : Britain’s antitrust regulator said it will investigate Microsoft over its marketing of subscription plans, specifically over whether personal and family customers were misled about Microsoft 365 subscription options and paid more as a result.
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Nvidia, Microsoft and other tech giants back open-source AI models
SAN FRANCISCO, July 24 : Nvidia, Microsoft and other tech heavyweights made a public case to lawmakers on Friday in favor of open-source AI models, wading into a debate roiling the business and policy worlds over who controls the powerful technology.In a letter posted on X and also signed by two dozen compan
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Databricks expands Microsoft Azure partnership, to use more custom chips
July 23 : Databricks said on Thursday it would expand its partnership with Microsoft through the 2030s, a deal under which it will increase its use of the Azure platform and Microsoft’s custom chips.Databricks offers a platform that helps users ingest, analyze and build AI applications using complex data from
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Microsoft to fund Mistral’s European AI expansion in multibillion-dollar deal
SAN FRANCISCO, July 21 : Microsoft has agreed to spend billions of dollars on Mistral’s computing infrastructure in Europe under a deal that will also expand distribution of the French AI startup’s technology through the U.S. cloud and software giant, the companies said on Tuesday.As part of the agreement, Mi
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UK to regulate cloud service providers Microsoft, Google and others to protect financial stability
LONDON, July 10 : Britain on Friday designated cloud service providers Microsoft, Google, Amazon and Oracle as ‘critical third parties’, bringing them under direct regulatory oversight to protect the country’s financial system.”As banks, insurers and financial market infrastructures become increasingly relian
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Microsoft to cut thousands of jobs, Xbox to be hit hard
The move will affect the company’s gaming division, which has been facing the outcome of a “not healthy” business model. The jobs cut will not be replaced by AI, Microsoft’s VP said.
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