Microsoft Hires Deepmind Cofounder to Run Consumer Ai
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Microsoft Earnings Jump on AI Demand
Microsoft’s revenue and profit rose last quarter as artificial intelligence bolstered demand for its software and cloud services.The Wall Street Journal - Tech - Microsoft -
Microsoft Hopes to See Continued AI Mania
Investors will be watching how enthusiasm over artificial intelligence technology is fueling demand for Microsoft’s cloud services.The Wall Street Journal - World - Microsoft -
Microsoft cloud growth accelerates on back of AI push
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.CNBC - Business - Microsoft -
Microsoft’s cloud sales receive a boost from AI
Tech group’s shares up 3% a day after better than expected earnings reportFinancial Times - Business - Microsoft -
Watch the Full Interview
JPMorgan Chase CEO Jamie Dimon discusses his concerns about the future of the economy, the effect of overseas wars and the importance of U.S. leadership in a wide-ranging interview with WSJ’s Emma Tucker.The Wall Street Journal - World -
Microsoft CEO to Visit Southeast Asia With AI on Agenda
Satya Nadella will meet officials in Indonesia, Thailand and Malaysia next week, as the tech titan is betting on generative AI for long-term growth.The Wall Street Journal - Tech - Microsoft -
Google and Microsoft Cushion Their AI Capital Pains
Record-high capital expenditures come as both core businesses are performing well.The Wall Street Journal - World - Google -
Microsoft’s heavy bet on AI pays off as it beats expectations in second quarter
World’s largest public company reports $61.86bn revenue after investing billions into artificial intelligence. Profits at Microsoft beat Wall Street’s expectations as its heavy bet on artificial intelligence continued to bear fruit in the second ...The Guardian - World -
Google Thinks It Can Cash In on Generative AI. Microsoft Already Has
While both Alphabet and Microsoft boasted strong quarterly earnings, only one tech giant showed that its generative AI bet is starting to pay off.Wired - Tech - Google -
Estée Lauder and Microsoft partner to help beauty brands use generative AI
Estée Lauder partners with Microsoft to form AI Innovation Lab to research and develop gen AI beauty solutions for its 20+ brands.VentureBeat - Tech - Microsoft -
Stock Gains by Google and Microsoft Show a Payoff for AI Shift
Investors see short-term gains from tech giants that are pouring resources into AI, which is driving the sector's market rise.Inc. - Business - Google -
Microsoft and Alphabet enjoy AI-powered gains from cloud divisions
Combined market value of the two tech giants rose by more than $250bn after revenue growth beat expectationsFinancial Times - Business - Microsoft -
Microsoft and Alphabet enjoy AI-powered gains from cloud divisions
Combined market value of the two tech giants rose by more than $250bn after revenue growth beat expectationsFinancial Times - Business - Microsoft -
Cisco Systems joins Microsoft, IBM in Vatican pledge to ensure ethical use and development of AI
Tech giant Cisco Systems has joined Microsoft and IBM in signing onto a Vatican-sponsored pledge to ensure artificial intelligence is developed and used ethicallyABC News - World -
Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products
Microsoft has reported that its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productiveABC News - Tech - Microsoft -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Microsoft shares jump 4% after the big AI winner delivers in all the right places
Once again, Microsoft touted share gains as more and more customers used Azure's platforms and tools to build their own AI solutions.CNBC - Business - Microsoft -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Microsoft's profit rose last quarter as AI bolstered demand for its software and cloud services, prompting the company to spend heavily on infrastructure to accommodate the appetite for the technology.
Microsoft’s profit rose last quarter as AI bolstered demand for its software and cloud services, prompting the company to spend heavily on infrastructure to accommodate the appetite for the technology.The Wall Street Journal - World -
DeepMind researchers discover impressive learning capabilities in long-context LLMs
In their study, the DeepMind researchers investigated how many-shot ICL affects the performance of LLMs in downstream tasks.VentureBeat - Tech -
U.K. Consumer Confidence Ticks Higher
Research group GfK’s consumer confidence barometer climbed to minus 19 in April from minus 21 in March, marking the first uptick in sentiment since January.The Wall Street Journal - World - United Kingdom -
Consumer sentiment weakens in late April, University of Michigan survey says
Consumer sentiment deteriorated near the end of April, according to the latest reading from the University of Michigan.MarketWatch - Business -
Moody Blues cofounder Mike Pinder, last surviving original member of band, dies at 82
Mike Pinder, the Moody Blues’ longtime keyboardist and the last surviving founding member of the Rock Hall-inducted band, has died at the age of 82.NBC News - Top stories -
Colorado Bill Aims to Protect Consumer Brain Data
In a first, a Colorado law extends privacy rights to the neural data increasingly coveted by technology companies.The New York Times - Science -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - World -
German Consumer Confidence Reaches Two-Year High
The forward-looking GfK consumer-climate index for Germany forecast confidence to rise to minus 24.2 in May from minus 27.3 this month, suggesting the country’s economy may have turned a corner and confirming a similar upbeat sentiment reading ...The Wall Street Journal - World - Germany -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - Business -
The Tricky Logistics Behind Direct-to-Consumer Strategies
Suppliers stepping up efforts to reach shoppers are having to mount costly new supply chains built to the task.The Wall Street Journal - World -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
Cowboys coach Mike McCarthy makes notable hiring as he heads into the final year of his contract in Dallas
McCarthy is definitely planning for the futureCBS Sports - Sports -
Nets check one box with Jordi Fernández hire, but their immediate future remains hazy
Brooklyn introduced its new coach on WednesdayCBS Sports - Sports -
Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
American and Southwest airlines both say they lost money in the first quarter, and they're responding by trying to cut costsABC News - Top stories - Travel -
Maryland hires Brian Ferentz: Ex-Iowa offensive coordinator joins Terps staff as offensive analyst
Ferentz is making his way back to the Big Ten after seven years as Iowa's offensive coordinatorCBS Sports - Sports -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
Unilever, Nestle slow price rises but the struggle for consumers remains
Both Nestle’s and Unilever updated investors on Thursday, with markets closely eyeing how the companies are handling the start of pulling back on price hikes.MarketWatch - Business -
U.K. consumers get a spring back in their step as confidence mounts
Consumer confidence ticked a little higher in the U.K. this month, suggesting Britons are feeling more well-off as real incomes rise.MarketWatch - Business -
China to Pay Consumers Up to Nearly $1,400 to Replace Old Cars
China plans to give car owners up to nearly $1,400 to replace their old cars with new ones, a move to boost slowing demand in the world’s largest electric-vehicle market.The Wall Street Journal - World - China -
China to Pay Consumers Up to Nearly $1,400 to Replace Old Cars
China plans to give car owners up to nearly $1,400 to replace their old cars with new ones, a move to boost slowing demand in the world’s largest electric-vehicle market.The Wall Street Journal - Business - China -
Suleja prison: 108 inmates on the run in Nigeria
Yahoo News - World