Microsoft’s AI revenue grows, but its stock falls on lower guidance and concerns over spending
Microsoft is a key backer of OpenAI and it has committed to spending $80 billion on AI infrastructure this year in order to expand its global network of high-powered data centers to meet demand for the specialized chips required to train and run AI models.
Leaders at Microsoft and Meta told investors that China’s DeepSeek doesn’t harm their businesses and that they will still ...
Distilled R1 models can now run locally on Copilot Plus PCs, starting with Qualcomm Snapdragon X first and Intel chips later.
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But AI scientists have pushed back, arguing that many of those fears are exaggerated. They say that while DeepSeek does ...
Reuters.com is your online source for the latest news stories and current events, ensuring our readers up to date with any ...
Microsoft reported its fiscal second-quarter results after Wednesday's closing bell, with investors focused on all things AI.
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company ...
Microsoft has made Chinese startup DeepSeek's R1 artificial intelligence model available on its Azure cloud computing ...
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Reporting quarterly earnings Wednesday afternoon, it will be tough for Microsoft to avoid the issue of the AI breakthroughs ...
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