Microsoft said it was laying off around 6,000 employees as they look to rein in costs while funneling billions of dollars into its ambitious bet on AI.
Read More Microsoft to lay off around 3% of workforce in organization-wide cuts
Tag: Azure
Microsoft, Meta back big AI spending despite DeepSeek’s low costs
Days after DeepSeek’s breakthrough low-cost AI computing shook the technology industry, CEOs of Microsoft and Meta defended massive spending saying it was crucial to staying competitive in the new field.
Read More Microsoft, Meta back big AI spending despite DeepSeek’s low costs
What is CrowdStrike, the cybersecurity firm behind a global tech outage?
Companies across several industries were hit on Friday by a global tech outage tied to Microsoft’s Azure cloud platform and a software issue.
Read More What is CrowdStrike, the cybersecurity firm behind a global tech outage?
Microsoft’s AI lead puts Amazon cloud dominance on watch
Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on cloud-computing market leader Amazon.com.
Read More Microsoft’s AI lead puts Amazon cloud dominance on watch
Microsoft set for AI-powered revenue surge as stock pulls ahead
January 29, 2024 – 6:18 AM PST (Reuters) – Microsoft (MSFT.O) is expected to report a 15.8% jump in quarterly revenue, its best growth…
Read More Microsoft set for AI-powered revenue surge as stock pulls ahead