Global news publisher Axel Springer will migrate some of its cloud-based applications to Microsoft's Azure and work with the firm on bolstering its AI capabilities, the companies said on Monday, as they expanded their partnership. Axel Springer will also work with the tech giant to launch an AI-driven chat experience, which will feature content from the news publisher, the companies said. The deal will build on Axel Springers initiatives such as its AI assistant Hey_ which is powered by Azure...
Microsoft's UK revenue surged to over $8bn as it added 600 new staffers last year, according to new company filings.
Axel Springer and Microsoft this week announced an expansion of their existing partnership. This multi-faceted collaboration strengthens their ties in advertising, artificial intelligence (AI), content creation, and cloud computing.
An APK examination of a beta version of Microsoft's OneDrive app for Android shows that the company may soon add support for importing files from other cloud services to OneDrive accounts.
During Microsoft's third-quarter earnings call, CEO Satya Nadella discussed the strong demand for Azure, particularly in artificial intelligence, and highlighted three major trends shaping Azure's growth, including new customer acquisitions and the integration of AI with other Azure services. read more
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.
During the earnings call, company CEO Nadella stated that usage of Azure for those working an any AI project has significantly brought in new customers.
Microsoft’s quarterly sales and profit exceeded expectations, thanks to strong demand for the company’s cloud computing and artificial intelligence products. Just this week, Microsoft announced deals with Coca-Cola and Cognizant. Revenue for the third quarter, which ended March 31, rose 17% to $61.9 billion, while profit was $2.94 per share. Analysts had expected earnings per […]
Microsoft's AI lead could be the driving factor in helping it topple Amazon's dominance in cloud services.
As part of the deal pending regulatory approval and reportedly worth €30m, James Finglas of MJ Flood Technology will join Viatel’s senior leadership team. : Viatel buys MJ Flood Technology to expand IT and cloud services
The company reported fiscal-third quarter net income of $21.9 billion, or $2.94 a share, up from $18.3 billion, or $2.45 a share, in the year-earlier quarter. Analysts were modeling $2.82 a share. Revenue rose to $61.9 billion from $52.9 billion and ahead of the FactSet consensus, which was for $60
Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on cloud-computing market leader Amazon.com as more businesses switch to its services, attracted by a clutch of generative AI features that are powered by OpenAI's technology. The Redmond, Washington-based software giant has beaten rivals Amazon and Google-parent Alphabet to the market with AI services including the Copilot, a set of genAI tools that work in Microsoft's business apps, that was rolled out in...