Latest in Microsoft reports $65.6 billion in quarterly sales as investors look to know if AI spending worth it
Sort by
2,361 items
-
Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop
OpenAI CEO Sam Altman's stake in Reddit has ballooned to more than $1 billion in value, as of after-hours trading on Tuesday.Business - CNBC - Yesterday -
World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).Business - CNBC - October 22 -
New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion
Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.Business - CNBC - October 23 -
Boeing reveals $6 billion quarterly loss ahead of key vote by striking machinists
Boeing Co.’s third-quarter earnings showed better-than-expected revenue despite the impact of a strike by machinists, but the company’s loss was wider than expected.Business - MarketWatch - October 23 -
Reeves eyeing £40bn in tax rises and spending cuts
Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.Top stories - BBC News - October 16 -
WSJ Tech Live: Executives, Investors and Artists Debate AI's Potential
Andreessen Horowitz’s Martin Casado says tech policy is in a ‘dangerous place.’Tech - The Wall Street Journal - October 23 -
UK visa process for AI experts should be streamlined, says government adviser
Recommendations from Matt Clifford on boosting the tech industry also include special zones for data centresBusiness - Financial Times - 22 hours ago -
Enterprise AI moves from ‘experiment’ to ‘essential,’ spending jumps 130%
Wharton research shows dramatic surge in enterprise AI adoption, with spending up 130% and smaller companies leading in implementation rates.Tech - VentureBeat - 2 days ago -
Meta sees AI spending accelerating as earnings top forecasts
Mark Zuckerberg cites the potential for ‘strong’ returns in coming years on heavy investments in new technologyBusiness - Financial Times - 7 hours ago -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - 5 hours ago -
Even Mark Zuckerberg seems surprised by Meta's pace of spending on AI
Meta CEO Mark Zuckerberg explained on the earnings call how the speed of Meta's AI technology buildout led the company to lift guidance for capex.Business - CNBC - 3 hours ago -
OpenAI scientist Noam Brown stuns TED AI Conference: ’20 seconds of thinking worth 100,000x more data’
At the TED AI conference, OpenAI’s Noam Brown unveiled the o1 model, showcasing how "System Two Thinking" could transform industries by enabling AI to deliver smarter, more deliberate decision-making.Tech - VentureBeat - October 23 -
Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
Revenue for the third quarter grew about 94% year-on-year.Business - CNBC - 6 days ago -
Microsoft’s New Xbox Series X and Series S Consoles Are on Sale Now (2024)
A mid-cycle refresh of the company’s gaming console offers extra storage and a slightly lower price. But is an Xbox even worth it in 2024?Tech - Wired - October 15 -
EU should spend 20% of budget on security and climate disasters, report says
Finland’s former president reports on cost of Europe’s preparedness for multiple crisesBusiness - Financial Times - 14 hours ago -
NASA launches $5 billion mission to Jupiter's moon Europa: What to know
NASA's Europa Clipper is set to launch on Oct. 14 from NASA’s Kennedy Space Center in Florida.Top stories - ABC News - October 14 -
G.M.’s Electric Vehicle Sales Surge as Ford Loses Billions
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.Business - The New York Times - 12 hours ago -
Nvidia, Google, Microsoft and more head to Las Vegas to tout health-care AI tools
Tech companies are in Las Vegas this week to talk health-care AI at the HLTH conference.Business - CNBC - October 21 -
Microsoft to roll out new autonomous AI agents next month, fending off challenge from Salesforce
Microsoft will allow organizations to create their own autonomous AI agents within Copilot starting next month.Business - CNBC - October 21 -
Microsoft to roll out new autonomous AI agents next month, fending off challenge from Salesforce
LONDON — Microsoft will allow businesses to start making their own autonomous artificial intelligence agents starting next month, taking the fight back to Salesforce, which introduced its own ...Top stories - NBC News - October 21 -
Microsoft’s new AI agents set to shake up enterprise software, sparking new battle with Salesforce
Microsoft launches autonomous AI agents for Dynamics 365, challenging Salesforce's Agentforce in the race to dominate enterprise AI and reshape the future of work.Tech - VentureBeat - October 21 -
Amazon-backed Anthropic debuts AI agents that can do complex tasks, racing against OpenAI, Microsoft and Google
Anthropic, the Amazon-backed AI startup founded by former OpenAI research executives, announced AI agents that can use a computer to complete complex tasks.Business - CNBC - October 22 -
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 - 6 days ago -
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 - Yesterday -
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 - Yesterday -
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 - Yesterday -
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 - Yesterday -
New Google AI Will Take Over Browsers: Report
The new product, code-named Project Jarvis, may reach users as soon as December, according to reports.Business - Inc. - 2 days ago