Microsoft

Microsoft to Ship 60,000 Nvidia AI Chips to UAE in $15B Deal

Microsoft will send 60,000 NVIDIA AI chips to the United Arab Emirates following U.S. Commerce Department approval.The GPUs will support AI models from OpenAI,...

Microsoft (MSFT) Reports Robust Azure AI Sales as Shares Fall 5%

Microsoft reported Q3 earnings and revenue that exceeded Wall Street expectations.The company’s adjusted earnings per share were $4.13 versus an estimate of $3.67.Revenue reached...

OpenAI Becomes Public Benefit Corp, Microsoft Gains 27% Stake

OpenAI has restructured as a public benefit corporation to facilitate capital raising.Microsoft holds a 27% stake in the new entity, valued at about $135...

ACCC Sues Microsoft Over Hidden Cheaper Microsoft 365 Plans

Microsoft is being sued by the Australian competition regulator for allegedly misleading 2.7 million customers about subscription options.The regulator claims Microsoft hid a cheaper...

Microsoft Sued for Allegedly Inflating ChatGPT Prices With Azure Deal

Microsoft is accused of using its exclusive Azure cloud agreement to limit OpenAI's access to computing resources and keep ChatGPT prices high. A class-action lawsuit...

Microsoft Boosts AI Data Center Spend in WI to $7B, Eyes Growth

Microsoft is increasing its investment in Wisconsin to $7 billion for AI data centers.A second major AI data center is planned, with the first...

Microsoft Surges Past $4T Market Cap on Strong Cloud, OpenAI Hopes

Microsoft reported higher-than-expected quarterly earnings, pushing its stock up more than 4%.The company’s market capitalization surpassed $4 trillion, joining NVIDIA in an exclusive group.Cloud...

AI Tokens Dip Despite Strong Microsoft, Meta Earnings; Fed Uncertainty Bites

AI-themed cryptocurrencies remain under pressure despite strong earnings from major tech firms. Microsoft and Meta reported significant revenue gains fueled by Artificial Intelligence initiatives. Broad crypto...

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FTC spares Kalshi, Polymarket in sports gambling probe

The FTC probe into deceptive practices in online sports gambling will target sportsbooks like DraftKings and FanDuel, not prediction...

Norway Fines Microsoft’s Xandr $9.6M Over Grindr Data

Norway's Data Protection Authority fined Microsoft's Xandr €8.6 million ($9.62 million) for illegally sharing Grindr users' sensitive data, including...

Nvidia stock falls 1.29% after Microsoft AI chip revelation.

NVIDIA shares closed 1.29% lower on Monday after Microsoft unveiled its Azure Maia 300 AI chipAMD shares fell 2.28%...