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MICROSOFT AI FUNDING
Microsoft to fund Mistral's European AI expansion in multibillion-dollar dealAs part of the agreement, Microsoft Azure customers will be able to develop software using Mistral's data centers in France, giving Microso...
AI could lift Sub-Saharan Africa economy 4% if power, internet improve, IMF saysAs countries and companies race to secure AI's economic benefits, investment in data centres, energy infrastructure and digital networks ...
Iren shares jump 16% as $2.8 billion AI cloud deals lift revenue targetIREN shares surged after the company secured $2.8 billion in AI cloud contracts and raised its 2026 revenue target. Strong demand for GPU i...
Downfall of a Wall Street darling: Why Oracle shares crashed 65% from peakOracle shares have dropped about 65% from their peak as investors shift focus from AI-driven cloud growth to rising capital expenditure, de...
Global Market: AI chip rally faces valuation test as investors rotate towards hyperscalersAI chipmaker stock rallies are losing momentum as investors reassess valuations. Hyperscaler capital expenditure growth is projected to slo...
Among AI crowd, some investors position for slower hyperscaler spending growthFor most of the past two years, the opposite trade prevailed: investors piled into semiconductor and infrastructure companies on the assump...
Can America lag China in the AI race? A new threat is cropping upThe pause on data center construction in New York reveals a significant conflict between the accelerating demand for AI and the limitations...
'We faltered, did not move quickly:' How IBM CEO Arvind Krishna's statement led to $70 billion wipeoutIBM shares rebounded nearly 2% in premarket trade after plunging 25% in their worst single-day fall in 58 years, wiping out nearly $70 bill...
Generative AI's power sparks fears of dumbing humans downOne American-British study of 1,222 people, still under peer review, found that using AI tools to solve arithmetic or reading comprehension...
TCS CEO on Q1 performance; B Capital on India’s IPO marketHappy Monday! TCS top deck told us that the coming quarters will see macroeconomic pressures ease and AI deals swell. This and more in toda...
Why this Rs 48,450 crore fund manager says it's time for a balanced hybrid fundRoshan Chutkey believes India has entered a moderate-return environment. He suggests a balanced hybrid fund suits the next twelve to twenty...
Amazon aims to raise $25 billion from bond sale, Bloomberg News reportsAmazon is set to secure a minimum of twenty-five billion dollars through a U.S. bond initiative. This strategic decision is aimed at bolste...
Amazon aims to raise $25 billion from bond sale, Bloomberg News reportsAmazon plans to raise at least twenty-five billion dollars through a new bond sale. This move aims to fund the company's significant invest...
Explained: Why did Samsung shares crash 10% even after tech giant forecast 19x jump in profitSamsung Electronics shares plunged 10% despite forecasting a 19-fold jump in second-quarter profit, as investors worried the AI-driven memo...
Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stallSamsung reported a significant profit jump, driven by strong AI chip demand. However, its stock declined amid concerns about the AI boom's ...
Microsoft cuts 4,800 jobs as it revamps XboxMicrosoft said Monday it was eliminating about 4,800 jobs -- roughly two percent of its global workforce -- in a cost-cutting move that wil...
Too much riding on one AI stock? Why techies should diversify their RSUs before it's too lateWith tech employees holding up to 80% of their net worth in a single stock, advisers say not selling is a real danger.
She failed IIT twice. Took a Rs 40 lakh loan. Today, she’s working at Microsoft. Who is Priyanka Vergadia?Priyanka Vergadia's journey from failing IIT exams twice to becoming a Senior Director at Microsoft and earning an MBA from Wharton is a te...
Microsoft, AWS deploy engineer armies to help crack AIAWS and Microsoft want to embed thousands of their own engineers at client companies to help them capitalize on artificial intelligence, wh...
Microsoft launches firm to help companies adopt AI with $2.5 billionMicrosoft has launched a new venture, Microsoft Frontier Company, backed by $2.5 billion, to guide businesses in selecting and integrating ...