Microsoft is investing $1.5 billion in a technology firm based in the United Arab Emirates and overseen by the country’s powerful national security adviser. Microsoft and the technology holding company G42 announced the deal Tuesday. As part of the agreement, Microsoft's president, Brad Smith, will join G42's board of directors.
Microsoft will invest $1.7 billion in Indonesia to empower the Southeast Asian country with cloud and artificial intelligence, including by building data centres, visiting chief executive Satya Nadella said in a seminar on Tuesday.
SoftBank will invest $960 million by 2025 to bolster its computing facilities in preparation for its own generative intelligence model.
NewSquare Capital LLC reduced its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB – Free Report) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 582,777 shares of the company’s stock after selling 12,366 shares during the […]
The new Coca-Cola $1.1 billion deal looks to incorporate Microsoft's AI in potentially improving its beverage-making services.
French tech startup Mistral AI has been speaking to investors about raising several hundred million dollars at a valuation of $5 billion, The Information reported on Tuesday. It's unclear which investors Mistral has spoken to about a new funding round, the report said, citing a person with direct knowledge of the matter. Mistral's existing investors include Andreessen Horowitz, Lightspeed Ventures and Microsoft Corp, which has also backed AI startup OpenAI. Mistral did not immediately respond...
Microsoft has announced a new five-year deal with The Coca-Cola Company, which plans to spend a total of $1.1 billion during that time to access Microsoft's cloud and generative AI services.
The 28-year-old was convicted of 10 counts of sexual assault following a trial at the Dublin Circuit Criminal Court in March.
Gov. Glenn Youngkin (R-VA) thanked Google for a $1 billion investment toward facilities in Virginia. The investment will go toward data centers across the commonwealth, including a center in Reston, where the governor spoke from. It will also open a new campus in Prince William County. “I want to thank Google for believing in Virginia […]
The five-year anniversary was marked Wednesday in the discovery of AJ Freund, the 5-year-old Crystal Lake boy who was murdered by his parents and falsely reported missing before his body was found. JoAnn Cunningham and Andrew Freund Sr., the parents of AJ, reported the boy missing on April 18, 2019. Andrew Freund Sr. told dispatchers […]
The $5.1 billion Shopify Capital has given to entrepreneurs has removed the obstacles placed by traditional banking system that limit growth.
Microsoft laid out $1.5 billion for a stake in UAE-based G42 in a deal that gave the tech giant a seat on the AI company’s board.