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Shares of Microsoft spiked Thursday following blowout quarterly results, lifting the tech giant into the previously unprecedented $4 trillion club along with Nvidia.
Apple is stepping up its AI investments and also reallocating employees as it tries to catch up with rivals such as Google, OpenAI, and Microsoft amid growing competition.
Nvidia, Microsoft, Amazon, Alphabet and Meta, considered the top players in the AI race, now make up a quarter of the S&P 500 index, according to LSEG data.
Microsoft’s pay data includes salary bands, on-hire stock awards, signing bonuses, annual stock awards, and bonus percentages.
Nvidia shares sold off sharply this spring, fueled by increased worry that spending on artificial intelligence infrastructure ...
The CMA determined that "competition is not working well" and has shared recommendations to solve the situation. An independent CMA panel found the cloud services market to be “highly concentrated,” ...
Microsoft Corp forecast a record US$30bil in capital spending for its current financial first quarter, after booming sales in its Azure cloud computing business showcased the growing returns on its ...
Air New Zealand’s partnership with one of the global leaders in artificial intelligence (AI) is one of many such advances in the future of aviation. The deal with OpenAI, a first for the ...
Apple's growth relies on buybacks, not innovation. Explore challenges like low CapEx and AI gaps driving overvaluation.
Microsoft has reached a $4 trillion valuation, driven by AI innovation and cloud services growth, securing its position as the world’s ...
Microsoft’s revenue growth accelerated to 18% in the three months ending in June, driven by stronger-than-expected sales in its Azure cloud computing unit, the company said on Wednesday. Revenue in ...
Mayor Matt Mahan of San Jose, California, said the city has become “the clearinghouse for use of AI in local government.” San ...