Alphabet and Microsoft ignited a rally in technology stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet rose 10%, crossing $2 trillion in market value with a gain of about $180 billion as it sweetened the pot for investors with its maiden dividend and a $70 billion stock buyback. The world's fourth most valuable firm flirted with the milestone on...
Microsoft and Google rolled out their own AI-powered productivity tools last year, touting them as products that could revolutionize how people work.But one leading AI expert thinks otherwise.Ethan Mollick, a professor of management at the University of Pennsylvania's Wharton School of Business, has been tapped by the White House, JP Morgan, Google, and many others for his insights on artificial intelligence.In an interview with The Wall Street Journal, Mollick said Microsoft's Copilot and...
Microsoft continued to slim down AI language models, unveiling its third lightweight edition which it stated offers comparable performance to rival products while being suitable for use on mobile phones.
Microsoft has launched a UK AI startup accelerator in partnership with London-based private investing platform Seedrs. The Series AI programme aims to help participating startups build and integrate AI technology. The four-week accelerator, open to startups from Seed to Series A stage, will include mentorship, resource sharing and commercialisation support. “Over the last few years, […]
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.
The UK’s Competition and Markets Authority took aim at Microsoft and Amazon’s dealings with AI start-ups, inviting comment from market players to determine if recent partnerships have the potential to hurt competition in the country.
Microsoft looks to expand its AI models' accessibility with a new, cheaper model. Microsoft has unveiled a new artificial intelligence that the tech giant boasts as a "dramatically cheaper" model, dubbed Phi-3-mini.
In a world where technology’s reach and impact continue to expand, the safety of our children in the digital realm has become a paramount concern. Microsoft, alongside other tech giants, has taken a significant step forward in this regard. They’ve teamed up with Thorn and All Tech Is Human, committing to implement robust child safety measures […]
President Marcos has named a retired associate justice of the appellate court as chief of the Presidential Commission on Good Government , the agency tasked to recover the ill-gotten wealth of the Marcoses and their close associates.
Huawei rotating chair Eric Xu (pictured) kicked off the company’s annual analyst summit in Shenzhen underlining a near ubiquitous focus on all things AI and outlined a broad strategy designed to improve the competitiveness of its products and operations, without sharing specifics or targets.
Joe Biden had a busy day. He had two whole things on his public schedule on Monday: two photo-op sessions with two leaders. That's a lot for Biden, who usually has only one event or nothing at all. He's more like hardly working than working hard. Add to that the fact that he spends about 40 percent of his time on vacation, generally in Delaware.