Over the next four years, Microsoft plans to invest USD 1.7 billion in growing cloud services and artificial intelligence in Indonesia, according to Satya Nadella, the company's chairman and CEO. Data centre construction will also be a part of the investment.

Alphabet reported profit of $23.7 billion on revenue of $80.5 billion, Microsoft's revenue was $61.9 billion, with net profit up by 20 percent to $21.9 billion

Microsoft has unveiled plans to open a new artificial intelligence (AI) hub in London, UK, with a primary emphasis on researching large language models and associated infrastructure. The Microsoft AI Hub team will be led by AI scientist and engineer Jordan Hoffmann, with Mustafa Suleyman, co-founder of Google DeepMind, as EVP and CEO.

Microsoft and OpenAI are reportedly planning on building a data centre that would cost as much as $100 billion, as per a report by the global news platform The Information. The report adds that this data centre could also include an AI supercomputer called 'Stargate', which is set to launch in 2028.

Microsoft is planning to introduce a unified version of Teams that combines both personal and work accounts. Currently undergoing testing, the new unified Microsoft Teams app is set to debut for commercial users in April. 

Microsoft and Amazon have recently attracted scrutiny in Britain, the EU and the US over their market power in cloud computing

Bezos had committed $100 million through his firm Explore Investments LLC and Microsoft is investing $95 million, while Nvidia and an Amazon-affiliated fund are each providing $50 million

Microsoft will use its 18A technology to make an undisclosed chip and that it now expects $15 billion of foundry orders

OpenAI has completed a deal that values the AI company at $80 billion or more

Microsoft published a report saying state-backed hackers from Russia, China, and Iran have been using tools from OpenAI, a US based artificial intelligence research organisation, to increase their skills and trick their targets. Microsoft has also invested a significant amount in OpenAI.

Apple has won an exemption for its iMessage and Microsoft for its Bing search engine from new EU tech rules

Microsoft-backed OpenAI hit the $2 billion revenue milestone in December, the Financial Times reported on Friday

Meta to detect and label images generated by other companies' artificial intelligence services

Mounting costs of developing AI products irked investors hoping for a big boost to sales from the new technology.

Sales leaped to $62 billion for the October to December period, up 18 percent year-on-year and above the $61.1 billion projected by analysts

Notable major technology and media corporations in the United States have begun 2024 with a fresh round of job cuts, with reasons citing the global economic crisis that is expected to remain persistent in the new year. Let's take a look at the US tech and media companies that have fired or plan to fire a large percentage of their employees in 2024.

Microsoft's Teams services were restored on Saturday after a disruption blocked access to the messaging platform

Microsoft joined Apple on Wednesday as a three trillion dollar company

Microsoft is rolling out subscriptions of its 'Copilot' artificial intelligence for consumers and small businesses

Microsoft has edged past Apple to become the most valuable company in the world