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.
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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 - 4d -
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 -
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 -
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 - 1d -
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 - 3d -
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 - 3d -
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 - 4d -
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 - 4d -
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 - 4d -
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 - 4d -
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 - 4d -
Microsoft shares slide after cloud growth disappoints
Tesla expects vehicle business to return to growth in 2025Financial Times - 4d -
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 - 5d -
Nvidia, Microsoft shares tumble amid rise of China-based AI DeepSeek
DeepSeek chatbot tops Apple's app-store charts.ABC News - 6d -
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 yearCNBC - Jan. 24 -
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 MuskFinancial 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 yearFinancial 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 banksFinancial 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 boomABC 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 recessionFinancial 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 -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial 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
More from The New York Times
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Meta Said to Explore Incorporating in a Different State
The owner of Facebook and Instagram is incorporated in Delaware, but is considering a change. Its corporate headquarters would remain in Silicon Valley, people with knowledge of the matter said.The New York Times - 2d -
Bill Gates Isn’t Like Those Other Tech Billionaires
The Microsoft co-founder and philanthropist is taking a break from the future to examine his past — and mulling where the billionaires now fit in.The New York Times - 3d -
Bill Gates Isn’t Like Those Other Tech Billionaires
The Microsoft co-founder and philanthropist is taking a break from the future to examine his past — and mulling where the billionaires now fit in.The New York Times - 3d -
DeepSeek Deep Dive + Hands-On With Operator + Hot Mess Express!
“DeepSeek is a really odd duck.”The New York Times - 2d -
TikTok True Crime to Stream: ‘Dancing for the Devil’ and More
Across television, film and social media itself, here are four picks that explore crime stories associated in some way with the imperiled app.The New York Times - 2d
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