Latest in Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
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AI boom thrusts Europe between power-hungry data centers and environmental goals
The growth in demand for AI could come at a cost to Europe's decarbonization goals as the specialized chips used by firms like Nvidia are expected to result in a rise in energy use of already ...Business - CNBC - October 29 -
We're hiking our price target on an industrial whose earnings benefit from AI data center boom
Given Eaton stock's year-to-date outperformance, it's not too surprising to see some profit taking on the mixed print.Business - CNBC - October 31 -
Cisco sees product orders accelerate in the AI era, and its outlook moves higher
Networking company sees a 20% boost in product orders for the latest quarter.Business - MarketWatch - November 14 -
Chinese smartphone maker Oppo doubles down on AI, says in regular talks with Google and Microsoft
As Chinese smartphone company Oppo gears up for a flagship phone launch overseas, it says it has weekly AI talks with Google and Microsoft senior management.Business - CNBC - October 24 -
Microsoft Copilot AI use extends deep into corporate America, but companies aren’t 100% sold
Microsoft Copilot AI adoption within corporate America is growing rapidly, but many companies are still unsure about the costs, a new CNBC survey finds.Business - CNBC - October 29 -
Microsoft's GitHub expands beyond OpenAI, lets developers use AI models from Anthropic, Google
GitHub is giving software developers more choices for its popular coding assistant, meaning they won't be limited to models from OpenAI.Business - CNBC - October 29 -
Microsoft just made it way easier for developers to build AI apps — and it could be bad news for AWS
Microsoft expands its AI developer tools with GitHub Copilot for Azure, simplifying cloud integration and transforming how developers build and deploy AI applications in an increasingly competitive ...Tech - VentureBeat - October 29 -
AWS launches in-line Q Developer AI coding assistant to take on Microsoft’s Github Copilot
Amazon Q Developer’s inline chat feature demonstrates its potential through practical applications like code refactoring and documentation.Tech - VentureBeat - October 29 -
Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it
Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying offTech - ABC News - October 30 -
Microsoft’s new Magentic-One system directs multiple AI agents to complete user tasks
Magnetic-One, Microsoft's AI agent orchestration framework, deploys multiple agents to solve daily tasks autonomously.Tech - VentureBeat - November 5 -
Vatican, Microsoft create AI St. Peter's Basilica to allow virtual visits, log damage
A digital twin of St. Peter’s Basilica has been created using artificial intelligence to explore one of the world’s most important monument’sWorld - ABC News - November 11 -
Microsoft-backed startup debuts task optimized enterprise AI models that run on CPUs
Fastino emerges from stealth with $7 million in pre-seed funding to advance task optimized enterprise AI models that don’t require a GPU to run.Tech - VentureBeat - November 12 -
Denmark launches landmark framework for using AI under EU rules — with Microsoft backing
Denmark unveiled a blueprint on how to use generative AI in the corporate world to help firms get into compliance with strict new regulation from the EU.Business - CNBC - November 13 -
Microsoft Just Revealed 5 New AI Agents to Help You Work Smarter
The tech giant says these agents will help free people from the drudgery of work.Business - Inc. - 2 days ago -
In or out? College athletics preparing for every conundrum as revenue sharing promises to reshape landscape
From obscene NIL payments to governing shifts, universities are facing scenarios never before seen at this levelSports - CBS Sports - Yesterday -
Snap shares jump after results come in better than expected
Shares of Snap Inc. rose after hours on Tuesday after the social-media platform reported third-quarter results that beat expectations and said its board authorized a stock buyback of up to $500 ...Business - MarketWatch - October 30 -
Tokyo Gas Shares Rise Sharply After Elliott Builds Stake
Activist investors, once shunned by Japanese management, have become increasingly prominent in the Japanese market.Business - The Wall Street Journal - Yesterday -
Sage shares surge 19% as UK software group launches buyback
Financial software provider announces plan for £400mn share buyback and raises dividendWorld - Financial Times - Yesterday -
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.Business - CNBC - October 30 -
Palantir’s shares jump as ‘unwavering demand’ for AI lifts earnings
Peter Thiel’s data analytics company raises its revenue forecast as growth acceleratesBusiness - Financial Times - November 4 -
Mean reversion: has AI abolished gravity for share prices?
Despite the Magnificent Seven, US stocks are predicted to be riding for a fallWorld - Financial Times - November 13 -
Jim Cramer weighs Nvidia stock after report of Blackwell AI chip overheating
CNBC's Jim Cramer reflected on Nvidia in light of a report that the company is having problems with overheating in its newest graphics chips.Business - CNBC - 2 days ago
