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Microsoft's Big AI Server Investment Sends Nvidia's Stock Soaring, AMD Also Benefits
Microsoft's Big AI Server Investment Sends Nvidia's Stock Soaring, AMD Also BenefitsOn Wednesday, Microsoft and AMD both made positive comments, indicating that billions of dollars worth of GPU-based AI server projects continue to move forward without any signs of slowing down. Following this news, Nvidia's stock price surged 13%...
Industry dynamics 2024-08-02 18:12:24 -
Microsoft's Q4 2024 Earnings: Cloud Growth Slows, AI Takes Center Stage
Microsoft's Q4 2024 Earnings: Cloud Growth Slows, AI Takes Center StageAfter the market closed on Tuesday, Microsoft released its financial results for the fourth quarter of fiscal year 2024, ending June 30, 2024. Overall, the company's Q4 performance beat analysts' expectations, but slower cloud computing growth raised concerns among investors...
Industry dynamics 2024-08-02 18:01:07 -
FBI Urgently Calls on Israeli Company to Unlock Gunman's Phone After Former President Trump Shooting
FBI Urgently Calls on Israeli Company to Unlock Gunman's Phone After Former President Trump ShootingOn July 19, the Federal Bureau of Investigation (FBI) urgently reached out to Cellebrite, an Israeli digital intelligence company, to gain access to the gunman's phone data following a shooting incident involving former President Donald Trump. Sources revealed that the FBI encountered difficulty unlocking the suspect's phone on Sunday morning, prompting them to seek assistance from Cellebrite...
Industry dynamics 2024-08-02 10:05:30 -
Microsoft's Disbanding of DEI Team Sparks Controversy: A Gap Between Promise and Reality
Microsoft's Disbanding of DEI Team Sparks Controversy: A Gap Between Promise and RealityRecently, Microsoft's decision to disband its Diversity, Equity, and Inclusion (DEI) team has sparked widespread controversy, particularly given the strong disapproval expressed by the team's leader. Leaked internal emails reveal that the team leader accused Microsoft of viewing diversity as "non-business critical" and criticized the company for abandoning its DEI commitments made during the 2020 Black Lives Matter movement...
Industry dynamics 2024-07-17 13:37:26 -
Microsoft exits OpenAI board observer seat: Regulatory concerns receding?
Microsoft exits OpenAI board observer seat: Regulatory concerns receding?On July 10, Microsoft announced that it is relinquishing its observer seat on OpenAI's board. The move has sparked widespread attention, especially considering Microsoft's substantial investment in OpenAI and the previous antitrust concerns surrounding the observer seat...
Industry dynamics 2024-07-16 15:25:08 -
OpenAI eclipses Microsoft in AI model sales, igniting a friendly rivalry
OpenAI eclipses Microsoft in AI model sales, igniting a friendly rivalryOpenAI, the startup behind the ChatGPT chatbot, has surpassed Microsoft in revenue from selling access to its AI models, including GPT-4, despite only establishing a sales team last year. This remarkable achievement, particularly compared to Microsoft, the world's largest enterprise and cloud software seller, has been achieved through a simple yet effective strategy: offering early access to new versions of generative AI capabilities and customizing software requirements for its biggest clients...
Industry dynamics 2024-07-04 12:13:03 -
Microsoft's Underwater Data Center Project Shelved: Exploration and Application
Microsoft's Underwater Data Center Project Shelved: Exploration and ApplicationOn June 26, 2023, Microsoft announced that its underwater data center experimental project, known as Project Natick, had been quietly shelved. However, the company stated that research findings from the project would be applied to other initiatives...
Industry dynamics 2024-07-04 12:11:09 -
Microsoft Reassigns Parts of Chinese AI Teams Overseas
Reports surfaced on May 15 that several artificial intelligence (AI) teams within Microsoft's Chinese division are being relocated to the United States and Australia. The rumor mill suggests that Microsoft will assist employees and their families with visa applications, with the potential for hundreds of staff members to be affected...
Industry dynamics 2024-05-24 16:31:47 -
Binance Appoints Inaugural Board of Directors, Signaling Shift Towards Compliance and Regulation
On April 1, Binance Holdings, the parent company of cryptocurrency exchange giant Binance, announced the appointment of its inaugural board of directors. The move marks a significant step in Binance's journey towards adhering to regulatory requirements and enhancing its compliance posture...
Blockchain 2024-04-02 20:30:44 -
Microsoft Unveils Surface Laptops with Dedicated Copilot Button, Ushering in a New Era of AI Computing
On March 22nd, Microsoft released its first Surface laptops equipped with a dedicated Copilot button, providing quick access to AI-powered chatbots. This marks the fulfillment of a promise the company made in January...
Industry dynamics 2024-03-31 15:17:28 -
Microsoft Acquires AI Startup Inflection: Shaping the Landscape of Artificial Intelligence
On March 22, 2023, industry insiders revealed that Microsoft has agreed to pay approximately $650 million in cash to AI startup Inflection AI, as part of an unconventional deal. Under the agreement, Microsoft will gain access to Inflection's large language model (LLM) and hire most of its employees, including the co-founders...
Industry dynamics 2024-03-28 13:32:49 -
Don't want to rely on NVIDIA! Microsoft releases two self-developed AI chips that can train large models
On November 16th, Microsoft released its first self-developed artificial intelligence (AI) chip on Wednesday, which can be used to train large language models and break free from dependence on expensive NVIDIA chips. Microsoft has also built CPU based on Arm architecture for cloud infrastructure...
Industry dynamics 2023-11-16 08:10:40
