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Business, Energy

“Microsoft signs deal to invest more than $10 billion on renewable energy capacity to power data centers”

“Microsoft has signed a deal with Brookfield Asset Management to invest more than $10 billion to develop renewable energy capacity to power the growing demand for artificial intelligence and data centers, the companies announced on Wednesday. Brookfield will deliver 10.5 gigawatts… Continue Reading…

Business

“Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending”

“…In its earnings report on Thursday, Microsoft said capital expenditures jumped 79% from a year earlier to $14 billion. The company is spending much faster than it’s increasing revenue — sales climbed 17% in the period. Even with all that investment, Microsoft… Continue Reading…

Business

“Microsoft to invest $2.9 billion to expand AI, cloud infra in Japan”

“Microsoft said on Tuesday it would invest $2.9 billion over two years to expand its cloud and AI infrastructure in Japan, the latest in a series of overseas expansions by large tech firms to support the development of artificial intelligence.… Continue Reading…

Stocks

“1  Unstoppable Stock That Could Join Nvidia, Apple, Microsoft, Amazon, Alphabet, and Meta in the $1 Trillion Club”

“…AI could soon propel Oracle (NYSE: ORCL) to a $1 trillion valuation, too. It operates industry-leading AI data center infrastructure, and the company is building capacity at a record pace because it simply can’t keep up with demand. As of this writing, Oracle… Continue Reading…

Business

“sony raises forecast on PlayStation gaming growth but profit drops 31% in first quarter”

“Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life insurance unit dragged on its bottom line, but the company raised full-year sales forecasts on the back of expected strength for its PlayStation gaming… Continue Reading…

Business, Real Estate

“Microsoft pays $57 million for 183 acres in western Licking County”

“The Microsoft Corporation’s purchase of 183 acres in western Licking County, reported by The Advocate on Friday, was officially recorded Tuesday, according to the Licking County Auditor’s Office. Microsoft paid $56.9 million, or $310,000 per acre, for the city of New Albany… Continue Reading…

Business, Stocks

“Nvidia nears elite trillion-dollar market cap club of Apple, Microsoft, Alphabet and Amazon”

“…The chipmaker saw its shares surge 25% on Thursday, bringing its market value to just under the $1 trillion mark at around $951 billion per FactSet. It was $755 billion at Wednesday’s close. Nvidia would become the fifth publicly traded U.S.… Continue Reading…

Business

“Britain blocks Microsoft’s $69 billion acquisition of Activision Blizzard”

“Britain’s top competition regulator on Wednesday moved to block Microsoft’s acquisition of video game publisher Activision Blizzard. The measure marks a major blow for the U.S. tech giant, as it seeks to convince authorities that the deal will benefit competition.… Continue Reading…

Business

“Microsoft is laying off 10,000 employees”

“Microsoft said Wednesday that it’s letting go of 10,000 employees through March 31 as the software maker braces for slower revenue growth. The company is also taking a $1.2 billion charge in the fiscal second quarter, which will result in a… Continue Reading…

Business

The Future Of Fraud: “Terrifying Microsoft AI can build a robo-clone of your voice after just 3 seconds”

“Your voice could be digitally cloned and used to impersonate you, thanks to a creepy new AI called VALL-E. AI has unveiled an artificial intelligence system capable of mimicking any human voice based on just three seconds of audio. It can then be… Continue Reading…