Microsoft tops Apple as most valuable public company, surpasses $3 trillion market valuation. Satya Nadella will celebrate 10th anniversary as chief executive next week. Investors expect Microsoft to capitalize on lead in artificial intelligence after investing billions in OpenAI. Company posts strong revenue and profits, commercial cloud offerings bring in $33.7 billion. Azure, Microsoft’s flagship cloud computing product, grows 30 percent. Corporate customers begin adopting Copilot offering with A.I. tools. New York Times sues Microsoft and OpenAI over A.I. technologies. Gaming becomes Microsoft’s most important consumer business after acquiring Activision Blizzard. Microsoft cuts 1,900 jobs in gaming division following acquisition.
Microsoft’s Profit Soars by 33%
Unlikely Industry Player Anguilla Profits Big from A.I. Boom
Artificial intelligence’s integration into everyday life has stirred up doubts and unsettling questions for many about humanity’s path forward. But in Anguilla, a tiny Caribbean island to the east of Puerto Rico, the A.I. boom has made the country a fortune. The British territory collects a fee from every registration for internet addresses that end […]
Read MoreChina Surpasses U.S. in A.I. Talent: A Key Metric
China lags behind the United States in artificial intelligence that powers chatbots like ChatGPT but excels in producing scientists behind new humanoid technologies. New research reveals that China has surpassed the United States as the biggest producer of A.I. talent. The country generates almost half the world’s top A.I. researchers, compared to 18 percent from […]
Read MoreBrands Brace for Impact as TikTok Faces Criticism
Amid debate in Washington over whether TikTok should be banned if its Chinese owner doesn’t sell it, one group is watching with particular interest: the many brands — particularly in the beauty, skin care, fashion, and health and wellness industries — that have used the video app to boost their sales. Youthforia, a makeup brand […]
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