Microsoft Continues A.I. Spending Growth as Profit Grows 10%

Meta and Microsoft Double Down on Huge A.I. Spending, Despite DeepSeek Threat

Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.

The New York Times - 1d

Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off

Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance ...

ABC News - 1d

Why Microsoft’s investment in AI should start to pay off in 2025

Hardware development and software support makes the tech giant a formidable contender.

MarketWatch - 33m

Visa gives rosy guidance as spending growth improves

Visa saw 9% growth in spending volume during the December quarter versus 8% in the September quarter.

MarketWatch - 14h

Microsoft investors are ignoring this number that suggests better growth ahead

Microsoft Corp. investors focused on the company’s disappointing revenue of its Azure cloud business on Wednesday, but they should also be looking at another number indicative of future growth: ...

MarketWatch - 1d

Microsoft Continues A.I. Spending Growth as Profit Grows 10%

The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for tech stocks.

The New York Times - 1d

Microsoft to report fourth-quarter earnings amid uproar over DeepSeek’s AI

Questions over multibillion-dollar spending on AI are mounting, spurred by DeepSeek’s shock to US stock market. Microsoft will report its second-quarter earnings for fiscal year 2025 Wednesday as ...

The Guardian - 1d

Microsoft shares slide after cloud growth disappoints

Tesla expects vehicle business to return to growth in 2025

Financial Times - 1d

Microsoft's underperformance has investors looking to cloud for growth

Microsoft's stock has badly lagged its tech peers in the past year as cloud growth has been basically stagnant in recent quarters.

CNBC - 3d

Nvidia, Microsoft shares tumble amid rise of China-based AI DeepSeek

DeepSeek chatbot tops Apple's app-store charts.

ABC News - 4d

Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth

Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this year

CNBC - 6d

Meta Spending to Soar on AI, Massive Data Center

The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.

The Wall Street Journal - Jan. 24

Meta nearly doubling spending with eye toward AI

Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest ...

The Hill - Jan. 24

OpenAI struggles to price Microsoft stake in deal to become for-profit company

ChatGPT maker in complex talks over splitting from its non-profit arm in move opposed by Elon Musk

Financial Times - Jan. 24

SK Hynix profits beat Samsung’s for first time on AI boom

South Korean chipmaker expects sales of high-bandwidth memory products to more than double this year

Financial Times - Jan. 23

Nvidia Supplier SK Hynix Posts Record Profit on AI Boom

The South Korean memory-chip maker reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.

The Wall Street Journal - Jan. 22

Microsoft’s LinkedIn Sued for Training AI Models With User Data

The suit alleges LinkedIn quietly introduced a privacy setting that let users enable or disable the sharing of their personal data.

Inc. - Jan. 22

Microsoft just built an AI that designs materials for the future: Here’s how it works

Microsoft researchers unveil MatterGen, which accelerates scientific discovery 15X and doubles success rates for stable compounds.

VentureBeat - Jan. 16

Increased December Consumer Spending Bodes Well for 2025 Growth

New data shows retail and restaurant spending rose again last month, suggesting consumers unhappy about higher post-pandemic prices are still buying, especially when they can get a good deal.

Inc. - Jan. 16

Bank of America profits boosted by loan growth and robust trading

Strong results echo other big Wall Street banks

Financial Times - Jan. 16

Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom

Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom

ABC News - Jan. 16

Chinese citizens’ doubts grow over official economic growth claims

Government expected to announce GDP expanded about 5% in 2024 but many feel economy is in recession

Financial Times - Jan. 16

The crazy ride in quantum computing stocks continues as shares rip higher on Microsoft's 'quantum-ready' directive

Quantum computing stocks rallied Wednesday after Microsoft urged businesses to get "quantum-ready" in 2025.

CNBC - Jan. 15

Microsoft’s AutoGen update boosts AI agents with cross-language interoperability and observability

Microsoft's AutoGen for AI agents is popular among agent developers, and a new update addresses observability and flexibility issues.

VentureBeat - Jan. 15

Microsoft launches Copilot Chat with AI agents; take that, Gemini!

Microsoft wants to make using Copilot a daily habit and take on Google's aggressive push of Gemini for Workspace.

VentureBeat - Jan. 15

Microsoft Is Ending Support for Windows 10 Office Apps in October

As the push toward Windows 11 continues, Microsoft confirms that Windows 10 users will lose support for apps including Word, Excel, and Outlook.

Wired - Jan. 15

Death toll grows in Southern California as fires continue to rage

At least 10 fatalities have been confirmed as several fires continue to rage in the Los Angeles area. Winds appear to be slowing down, but the weather forecast may change in the following days. CBS ...

CBS News - Jan. 10

At least 10 killed in Los Angeles wildfires as crews continue to battle blazes

Officials now say at least ten people have been killed and thousands of homes, businesses, and other structures have been destroyed in the Los Angeles wildfires that continue to ravage the area. ...

CBS News - Jan. 10

California wildfires: deadly blazes continue to grow as officials warn of shortage of firefighters – latest updates

Tens of thousands of homes affected by ‘unprecedented’ fires in Los Angeles area; aircraft return to dropping water after winds grounded them. Visual explainer: why are the LA wildfires so ...

The Guardian - Jan. 8

Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business

Fourth-quarter earnings hit by greater investments in advanced chip manufacturing

Financial Times - Jan. 8

Disney’s stock gets upgrade amid content ‘renaissance’ and streaming profit growth

Walt Disney Co.’s stock was upgraded to buy Tuesday by analyst firm Redburn Atlantic, which cited improved content performance and growth in streaming profit.

MarketWatch - Jan. 8

Samsung Expects Further Profit Growth Slowdown, Missing Estimates

The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.

The Wall Street Journal - Jan. 7

Microsoft Says It's Time to Replace Your Old Windows 10 PC

The company is using the carrot of "new features" and the stick of "no more updates for your old PC."

Wired - Jan. 7

Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India

The company plans to grow the company’s Azure cloud business in India and set up new data centers.

The Wall Street Journal - Jan. 7

Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech

Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...

GameSpot - Jan. 6

Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025

Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.

CNBC - Jan. 4

Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months

Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.

NBC News - Jan. 3

Microsoft Continues A.I. Spending Growth as Profit Grows 10%

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