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MICROSOFT NSCALE AI DEAL
Why Big Tech companies Microsoft, Google, Meta and others are opting for voluntary buyoutsIn response to fluctuating market demands, Meta has rolled out voluntary exit packages in France aimed at workforce restructuring. This ini...- After laying off thousands, Meta now offers voluntary exit packages like Google and Microsoft. Here's all you need to knowMeta has launched a voluntary exit programme in France, designed to reorganize its team while pivoting towards artificial intelligence deve...
- Microsoft rejects multibillion-dollar AI deal with UK's NscaleThe report comes weeks after Microsoft pulled out of a deal to anchor Nscale's flagship data centre project in Loughton, Essex, after power...
- Why is Microsoft borrowing $25 billion after offering buyouts to 60,000 employees?Microsoft 25 billion bond sale: Microsoft is raising $25 billion through a bond sale as AI infrastructure costs rise, days after offering v...
- Nvidia in talks to give credit support for Nscale's deal with AnthropicNvidia is in talks to offer AI cloud provider Nscale billions of dollars in credit guarantees to support debt funding for a data center ear...
- Cash takes centre stage as investors rethink AI spending boomInvestors are increasingly focused on technology companies' cash generation capabilities to fund artificial intelligence investments. Micro...
- Cyberattacks hit NBFCs; Pine Labs Q2 profit zoomsCyber criminals are targetting smaller NBFCs with specialised AI toolkits. This and more in today’s ETtech Top 5.
- Microsoft, Oracle outshine Alphabet as investors demand AI returnsWall Street increasingly favours technology companies demonstrating financial discipline in AI investments. Microsoft and Oracle gained on ...
- Alphabet's heavy cloud spending drives bigger-than-expected cash burnThe company reported negative free cash flow of $9.07 billion, compared with analysts' estimate of a cash burn of $36 million, according to...
- Can Azure's AI boom drive Microsoft shares higher?Microsoft's strong Azure growth and rising AI demand are driving revenue and earnings, but heavy infrastructure spending and weakness in Wi...
- Microsoft beats expectations fueled by Azure cloud businessMicrosoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. T...
- Microsoft beats expectations fueled by Azure cloud businessMicrosoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its...
- Microsoft needs 'fewer people, more AI agents' to keep up with OpenAI, Anthropic, says ex-employee as 60,000 get buyout offerFormer Microsoft Entra product manager Merill Fernando says the tech giant needs fewer employees and more AI agents to keep pace with OpenA...
- Global Market: Anthropic presses ahead with November IPO as AI listings face delaysAnthropic is preparing for a potential mid-November IPO despite market volatility, rising interest rates and concerns over AI spending. Wit...
- Anthropic IPO filing tomorrow? 5 things to know as AI stocks face fresh pressure and OpenAI pushes its debut to 2027Anthropic IPO filing expected Friday: Anthropic’s books may open to the public as early as Friday, sources say. Its S-1 filing will give in...
- Anthropic IPO stands alone as AI market jitters sideline othersAnthropic plans to move forward with its initial public offering next month, navigating a challenging IPO landscape. While many companies i...
- Anthropic IPO stands alone as AI market jitters sideline othersAnthropic's planned IPO will test whether its position at the center of the booming AI business, which the company is believed to deem wort...
- Anthropic recorded net loss of over $80 billion in first half of this yearThe company generated $16.3 billion in revenue during the six months ended June 30, compared with $1.1 billion in the corresponding period ...
- AI debutant’s flameout stokes fears boom is endingElice, a data center and AI developer, faced a significant decline in its stock price during its debut. This situation exemplifies a broade...
- Microsoft pulls out of UK data center deal with Nscale: TelegraphThe US tech giant, one of Nscale's two largest customers, recently terminated its agreement for the data center in Loughton, Essex, accordi...
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