Microsoft's (NASDAQ: MSFT) cloud computing platform Azure continued to be the growth driver for the stock when the software giant reported its fiscal Q1 earnings. However, the company's guidance for Azure,
Microsoft has been testing a new AI-powered Xbox chatbot, and now Xbox Insiders can try it out for the first time. I exclusively revealed the existence of this new “Xbox Support Virtual Agent” earlier this year, and Microsoft now says it’s designed “to help Xbox players more efficiently solve their support-related gaming issues.”
Microsoft has made Copilot the name and style of its AI assistant and other AI services for more than a year, but it seems the company might have a rebranding project underway with a transparent origin.
Microsoft continued to ramp up its capital spending on AI, raising fresh questions about how long it can continue to pour huge sums into the tech.
AI will be in the spotlight when Microsoft reports its quarterly earnings, with investors seeking signs of artificial intelligence demand.
Competition between the two old rivals is heating up when it comes to cloud and AI dominance.
Microsoft reported strong quarterly growth in its cloud-computing business that indicated its heavy investment in artificial intelligence is paying off.Revenue for the tech giant’s Azure cloud business—a core of its AI offering—rose 33% in the quarter through September,
Microsoft's Cloud computing and AI businesses are on the rise as the company sees more success with software than hardware.
Microsoft hasn't yet formally reported revenue specifically from AI products but says it has infused the technology and its AI assistant, called Copilot, into all of its business segments, particularly its Azure cloud computing contracts. Leading in sales ...
Despite reporting earnings that surpassed estimates, the tech giants face scrutiny over AI investment, leading to a drop in share prices.
The company overall posted revenue of $65.6 billion, up 16%, vs. analyst expectations of $64.5 billion; profits of $24.7 billion, up 11%; and earnings per share of $3.30, compared to the Wall Street consensus of $3.08 per share.
Microsoft delivered solid quarterly results on Wednesday, beating analyst expectations with revenue jumping 16 percent to $65.6 billion, but questions were raised about the company's big spending on the AI boom.