Latest in Microsoft says AI boom is driving cloud demand higher
Sort by
2,982 items
-
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs dampen initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - 1 hour ago -
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 -
Musk’s $1mn-a-day voter giveaway could violate US law, DoJ warns
Billionaire Trump backer has targeted swing states with contest ahead of presidential electionBusiness - Financial Times - October 24 -
Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.Business - CNBC - October 18 -
AI Boom Is Real---and Really Profitable---Says Chip Maker TSMC
The world’s largest contract chip maker says revenue from AI-related products is expected to triple this year.Business - The Wall Street Journal - October 17 -
Microsoft and these other stocks are the way to play AI now, says Goldman Sachs
So-called “platform” stocks, such as Microsoft and Snowflake are the most attractive part of the AI sector according to Goldman Sachs.Business - MarketWatch - October 14 -
Microsoft says Russia trying to smear Harris with deepfake video, AI
Russia is attempting to “undermine” Vice President Harris’s campaign using artificial intelligence (AI) generated videos while China has begun targeting a series of GOP congressional candidates ...Politics - The Hill - October 23 -
‘FOMO’ could help drive stocks higher after the election, one top Goldman Sachs strategist says
The upcoming U.S. election has helped inspire a sense of foreboding on Wall Street, judging by the still-elevated level of the Cboe Volatility Index, otherwise known as the VIX or the stock ...Business - MarketWatch - 2 days ago -
What to know about the new way Microsoft will report cloud numbers Wednesday
Some on Wall Street are upbeat about the move. Others are not.Business - CNBC - Yesterday -
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 -
Xbox Cloud Gaming Is Planning For Direct-To-Cloud Controllers And Higher-Quality Streams - Report
Microsoft launched Xbox Cloud Gaming in 2020 with great fanfare, but the company's stated goal to push cloud gaming even further has run into some technological setbacks as well as ongoing ...Tech - GameSpot - October 18 -
Microsoft Will Let Clients Build Their Own AI Agents
In November, customers can start using Copilot Studio to make their own AI apps to perform many routine tasks.Business - Inc. - October 21 -
Investors Want to See a Payout on Microsoft’s AI Efforts
As the tech giant readies a report of what’s forecast as its slowest quarterly growth in a year, shareholders want to see genuine demand for the AI applications it’s spent billions to develop.Business - Inc. - 2 days ago -
Anguilla’s .ai Web Address Makes the Tiny Island Money in the AI Boom
Registrations from artificial intelligence company websites let the Caribbean territory tap a rich vein of revenue from a digital gold mine.Business - Inc. - October 16 -
Coca-Cola tops earnings estimates, as higher prices offset sluggish demand
Shares of Coke have climbed 18% this year, raising the company's market value to nearly $300 billion.Business - CNBC - October 23 -
Mortgage demand stalls as interest rates surge higher ahead of election
Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week.Business - CNBC - 13 hours ago -
Microsoft dips on weak guidance after beating on earnings
Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.Business - CNBC - 2 hours ago -
Investors’ ‘fear of missing out’ drives gold demand to record high
Buyers clamour for gold-backed ETFs as central banks scale back purchases of the precious metalBusiness - Financial Times - 17 hours ago -
Big Tech turns to nuclear energy to power AI boom
Major technology companies are increasingly turning to nuclear energy as they attempt to keep up with the vast energy demands of artificial intelligence (AI) without derailing their highly ...Politics - The Hill - October 16 -
TSMC profits jump 54% on back of AI chip boom
World’s biggest chipmaker says demand has recovered across all segments despite fears of industry slumpBusiness - Financial Times - October 17 -
How Arm could be the unexpected winner of the AI investment boom
Shares in the British chip designer, which is controlled by SoftBank, have trebled in price over the past year. But its ambitions go much furtherBusiness - Financial Times - 20 hours ago -
Google turns to nuclear energy for AI electricity demand
Google announced a deal with energy startup Kairos Power to supply its data centers with electricity from seven small modular nuclear reactors, which still need to be built. A recent study found ...Top stories - CBS News - October 15 -
AI Power Needs Fuel Demand for Nuclear Energy
Electricity providers are looking at revamping nuclear power generation as Big Tech energy needs increase.Business - Inc. - October 17 -
Microsoft introduces ‘AI employees’ that can handle client queries
US company gives customers the ability to build own virtual agents as well as releasing 10 off-the-shelf bots. . Microsoft is introducing autonomous artificial intelligence agents, or virtual ...World - The Guardian - October 21 -
Google’s AI-Fueled Results Bode Well for Rivals Amazon and Microsoft
Sales gains in its cloud business point to growing, sustained demand for AI-juiced computing power.Business - Inc. - 6 hours ago -
Foreign Election Interference May Escalate, Microsoft Says
Efforts by Russia, Iran and China to sway U.S. voters could intensify, according to a new report from the tech giant.Business - Inc. - 6 days ago -
Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – business live
Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets. Azerbaijan, the host of the Cop29 global climate summit , will see a large expansion of fossil ...World - The Guardian - October 23 -
Philip Morris is a growth stock again as shares hit all-time high on Zyn demand boom
The company's stock was tracking for a record close and clinched a fresh intraday record.Business - CNBC - October 22 -
Lower oil and natural gas prices, higher electricity demand expected over next five years: IEA
Natural gas and oil prices are likely to decline in the second half of the decade, but unexpectedly high worldwide demand for electricity will complicate efforts to reduce greenhouse gas emissions, ...Politics - The Hill - October 16 -
Oil settles higher after last week’s 8% drop as traders weigh China demand concerns
Oil prices finished higher on Monday, regaining some of last week’s 8% decline after China lowered its benchmark lending rates, part of a series of stimulus measures to revive the flagging economy ...Business - MarketWatch - October 21 -
Oil prices end higher on surprise fall in U.S. crude supply, rise in gasoline demand
Oil futures finished higher Wednesday, with official U.S. data showing a surprise decline in crude supplies in the latest week and strength in gasoline demand, prompting prices to post their first ...Business - MarketWatch - 6 hours ago -
Chinese AI groups get creative to drive down cost of models
01.ai, Alibaba and ByteDance have cut ‘inference’ costs despite Washington curbs on accessing cutting-edge chipsWorld - Financial Times - October 19 -
Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz
Venture capital firm Accel says that funding for cloud startups is set to rise 27% in 2024 thanks to a boost from AI — the first year of growth in three years.Business - CNBC - October 16 -
Peter Thiel’s Founders Fund leads $500mn fundraising for AI cloud group Crusoe
Deal values infrastructure start-up at $3bn as it benefits from spending surge on generative AIBusiness - Financial Times - Yesterday -
ASML results could provide insight into AI, China demand
ASML Holding, the Dutch company that makes the chip-making machines used by the major players in the semiconductor industry, is on Wednesday due to report results that could provide some insight ...Business - MarketWatch - October 15 -
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firmsBusiness - MarketWatch - October 17 -
Nuclear energy stocks hit record highs on surging demand from AI
Amazon and Google deals to deploy small modular reactors are latest step in sector’s revitalisationBusiness - Financial Times - October 20