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Analysts revamp Microsoft stock price target after earnings

thestreet.com has got its head in the clouds, and that's just how the software giant likes it. The expression is usually intended to describe someone daydreaming and out of touch with…

US Homeland Security Forms 'AI Safety and Security' Advisory Board

tftc.io The U.S. Department of Homeland Security (DHS) unveiled the formation of a high-profile advisory board on Friday. The board, composed of top executives from leading…

Microsoft's Azure Strength Could Rub Off On This Warren Buffett-Backed Stock And Another Big Cloud Player, Says Analyst

benzinga.com Software giant Microsoft Corp. MSFT reported Thursday after the market close strong third-quarter results, sending its stock higher. On Cloud Nine: Microsoft attributed the…

Satya Nadella Says Azure Search, Also Used By ChatGPT, Is 'One Of The Fastest-Growing Services' For Microsoft

benzinga.com Microsoft Corp MSFT CEO Satya Nadella addressed concerns about the demand environment for the company’s Azure cloud services during the third-quarter earnings call. What…

Jensen Huang, Sam Altman invited to federal AI Safety Board

theregister.com Leaders of the world's most prominent AI companies are being recruited for the Homeland Security Department's new advisory group. Officially titled the Artificial…

Microsoft Q3 Shines Light On 'AI Innovation Cycle': Analysts See 'Plenty Of Runway For Growth' - Microsof

benzinga.com Technology giant Microsoft Corporation MSFT reported third-quarter financial results that saw revenue and earnings per share beat estimates from analysts. Analysts are…

Sam Altman, Satya Nadella Join High-Powered AI Safety Board for Homeland Security

decrypt.co The U.S. Department of Homeland Security (DHS) has enlisted a broad slate of AI industry leaders to establish the Artificial Intelligence Safety and Security Board, the…

Satya Nadella says Microsoft’s AI payoff hinges on other companies doing ‘the hard work’ of changing their cultures

aol.com Microsoft has spent billions on the data centers, chips, talent, and other infrastructure needed to build an artificial intelligence empire and it plans to spend billions…

A Review of This Week’s Big Tech Earnings

investorplace.com Four of the seven “Magnificent Seven” reported earnings this week, so let’s dig into the numbers… Earnings results have continued to roll out this week, but there were four…

Tech CEOs Altman, Nadella, Pichai and others join government AI safety board led by DHS' Mayorkas

apnews.com The CEOs of leading U.S. technology companies are joining a new artificial intelligence safety board to advise the federal government on how to protect the nation's critical…

US government appoints Sam Altman, other tech execs to newly established AI safety board

cryptoslate.com The US Department of Homeland Security (DHS) established an AI Safety and Security Board and named 22 members, comprising tech firm executives and other experts in the…

Over 20 Technology and Critical Infrastructure Executives, Civil Rights Leaders, Academics, and Policymakers Join New DHS Artificial Intelligence Safety and…

dhs.gov Group Chaired by Secretary Mayorkas Will Consider Ways to Promote Safe and Secure Use of AI in our Nation’s Critical Infrastructure WASHINGTON, D.C. – Today, the Department…

Sam Altman, Jensen Huang and more join the federal AI safety board

aol.com The advisory board being assembled by the government to focus on the secure use of artificial intelligence (AI) has landed some of the industry’s biggest names. OpenAI CEO…

AI News: Sam Altman To Serve In Government’s AI Safety Board

coingape.com In what appears to be a plot twist, CEOs of top Artificial Intelligence (AI)-centered companies have been invited to sit on the Federal government AI safety board. Tech CEOs…

Activision Boosts Microsoft Q3 Gaming Business, But Actual Xbox Sales Collapse Continues

wccftech.com Microsoft has reported their results for Q3 2024 (which ran from the beginning of January to the end of March of this year) and it throws into very stark relief two…

Earnings from social and search players signal that AI will be a long-play investment

digiday.com Madison Avenue and Wall Street are receiving similar signals from Silicon Valley this earnings season: Generative AI will be worth the investment. It just might take a…

Google Thinks It Can Cash In on Generative AI. Microsoft Already Has

wired.com Alphabet CEO Sundar Pichai is confident that Google will find a way to make money selling access to generative AI tools. Microsoft CEO Satya Nadella says his company is…

Altman handpicked for Homeland Security's AI safety board

axios.com Homeland Security Secretary Alejandro Mayorkas said Friday he courted OpenAI CEO Sam Altman and other AI leaders to join a new federal Artificial Intelligence Safety and…

CEOs of OpenAI, Google and Microsoft to join other tech leaders on federal AI safety panel

aol.com The US government has asked leading artificial intelligence companies for advice on how to use the technology they are creating to defend airlines, utilities and other…

AI leaders, including Sam Altman and Jensen Huang, join the federal AI safety board

fortune.com The advisory board being assembled by the government to focus on the secure use of artificial intelligence (AI) has landed some of the industry’s biggest names. OpenAI CEO…

Microsoft, Google are still riding high on AI wave

axios.com Both Microsoft and Google parent Alphabet reported strong earnings Thursday in the midst of a fierce AI race that has jolted both companies — and offered investors the hope…

Tech titans soar: Alphabet and Microsoft ride high on AI-driven wave

euronews.com The two tech giants - Alphabet and Microsoft - report strong quarterly earnings that surpass market expectations, propelling their stocks to soar. Investors maintain…

Alphabet and Microsoft send clear message to investors: Our AI spending is paying off

fortune.com Microsoft Corp. and Google owner Alphabet Inc. sent a clear message to investors on Thursday: Our spending on artificial intelligence and cloud computing is paying off. The…

AI bets pay off as Microsoft and Alphabet profits surge

siliconrepublic.com Both companies attributed their recent gains to their AI focus, while their dominance of the cloud market continues to grow. AI continues to be a boon for some of its…

Microsoft's going to keep spending big as AI continues to boom

aol.com None Microsoft plans to boost spending on AI and cloud services as demand rises. • None The company made $26.7 billion in revenue this quarter from cloud products, including…

AI Investments Pay Off: Microsoft and Alphabet Crush Earnings, Shattering Wall Street Forecasts

dailybusinessupdates.com Microsoft and Alphabet just dropped their latest earnings, and they totally crushed it—beating Wall Street’s expectations big time. Their bosses are saying a huge thanks to…

Microsoft’s heavy bet on AI pays off as it beats expectations in latest quarter

theguardian.com Profits at Microsoft beat Wall Street’s expectations as its heavy bet on artificial intelligence continued to bear fruit in the latest quarter. The technology giant has…

Microsoft, Google Gain After AI Fuels Cloud Computing Demand

finance.yahoo.com Microsoft Corp. and Google owner Alphabet Inc. sent a clear message to investors on Thursday: Our spending on artificial intelligence and cloud computing is paying off. •…

Microsoft and Alphabet just proved AI boom has room to run

aol.com None Microsoft and Alphabet reported quarterly earnings that beat Wall Street's expectations. • None Their CEOs said that their profits are in part thanks to their…

What's up with Alphabet and Microsoft lately? Profits, sales

theregister.com Alphabet and Microsoft's stock prices jumped in after-hours trading today after the AI-infatuated businesses delivered higher-than-anticipated quarterly earnings. Microsoft…

Microsoft sales, profit beat expectations on AI demand

financialpost.com Microsoft Corp.’s quarterly sales and profit climbed more than projected, lifted by corporate demand for the software maker’s cloud and artificial intelligence offerings. We…

Microsoft shares jump 4% after the big AI winner delivers in all the right places

cnbc.com Microsoft delivered picture-perfect earnings after the bell Thursday, calming the market's brief fears about runaway spending on AI infrastructure without the cloud revenues…

Alphabet, Microsoft grow revenue without much help from AI

theregister.com Google’s parent company Alphabet and Microsoft saw the price of their shares surge in after-hours trading after the AI-infatuated businesses delivered…

Microsoft: Unlocking AI Benefits Will Require Cultural Changes for Enterprises

pymnts.com Digital transformation is the name of the game — and that’s great news for Microsoft. The company, which reported its Fiscal Year 2024 Q3 earnings results on Thursday (April…

Google, Microsoft Bet Big On GAI In Q1

mediapost.com Alphabet and Microsoft reported earnings on Thursday. Both had a better-than-expected Q1 2024. Alphabet reported results for the quarter ended March 31, 2024. Google CEO…

Microsoft cloud growth accelerates on back of AI push

cnbc.com Microsoft shares rose as much as 5% in extended trading on Thursday after the software maker issued fiscal third-quarter results that outdid Wall Street's expectations.…

Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; stock is up 5% after hours

microsoft.com REDMOND, Wash. — April 25, 2024 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2024, as compared to the corresponding period of last…

Microsoft Surges As AI-Growth Drives Across-The-Board Beat

zerohedge.com Microsoft Surges As AI-Growth Drives Across-The-Board Beat Investors can exhale after META's meltdown as MSFT just reported better-than-expected revenues in Q3 of $61.86…

Sources: Microsoft has scrambled to respond to new attacks from the Russia-linked SolarWinds hackers, as its engineers prioritize security over new features

theverge.com The world’s largest tech company has a security problem. A series of high-profile security incidents have rocked Microsoft over the past few years, and a scathing report…

The race for human-AI interaction usage data is on

aol.com With the announcement of its new Llama 3 model, Meta is getting ready to put artificial intelligence across WhatsApp, Instagram, and Facebook. It’s a move that could…

Satya Nadella Says The Biggest Lesson He's Learned In 32 Years At Microsoft Is Doing Things That Are 'Going To Be Relevant Tomorrow'

benzinga.com In an era when technology evolves at breakneck speed, maintaining relevance is crucial for a company's survival. Microsoft Corp. MSFT CEO Satya Nadella embodies this…

Microsoft and Big Tech Want to ‘Own’ Generative AI. Will Creators and the Feds Let Them?

thewrap.com The last massive tech-tonic shift that rocked Hollywood — the Internet — birthed whole new categories of innovative companies that ultimately created the Big Tech world we…

Spotify CEO is shocked by negative impact of recent layoffs

thestreet.com CEO Daniel Ek has just revealed that he was surprised by the consequences of the company’s layoffs in December. During a recent earnings call discussing Spotify’s…

It looks like Microsoft's ex-Bing boss just threw shade at Mustafa Suleyman

aol.com None Parakhin wrote it's "hard to disagree" when an X user said "we need you." • None The comment was in response to a post quoting Suleyman's recent TED Talk that was…

LinkedIn CEO says galvanizing 18,000 employees to shift objectives to AI hasn’t been easy but they’ve worked to ‘create a movement around it’

fortune.com On this episode of Fortune’s Leadership Next podcast, co-hosts Alan Murray and Michal Lev-Ram sit down with LinkedIn CEO Ryan Roslansky to discuss the company’s…

Google's search boss reportedly warns staff that life won't be 'hunky-dory forever' amid rise of AI rivals

aol.com None He said life won't always be "hunky-dory" as rivals seek to challenge its search dominance. • None Microsoft has been enhancing its search experience with AI-infused…

Here’s who might buy TikTok as a Senate ban-or-divest order appears all but certain

fortune.com The clock is ticking for TikTok: The Senate just passed a procedural vote for a bill that would require TikTok’s Chinese owner, ByteDance, to sell the popular social media…

Apple CEO says company will 'look at' manufacturing in Indonesia

abcnews.go.com Apple CEO Tim Cook said the company is “looking at” manufacturing in Indonesia as he met with Indonesian President Joko Widodo on Wednesday Apple CEO says company will 'look…

Here's who could buy TikTok if parent company ByteDance has to sell its stake

aol.com None The House has passed legislation that could ban TikTok in the US unless ByteDance sells it to a US-based entity. • None It now heads to the Senate for a vote. If it…

Microsoft CEO Satya Nadella Says 'OpenAI Wouldn't Have Existed' Without Microsoft's Support

benzinga.com Microsoft Corp. MSFT CEO Satya Nadella emphasized the pivotal role the company played in the growth of leading artificial intelligence company OpenAI, a leading artificial…

Billionaire Stan Druckenmiller Is Selling Nvidia and Buying 2 Artificial Intelligence (AI) Stocks Instead

finance.yahoo.com Billionaire Stan Druckenmiller is widely regarded as one of the greatest investors in American history. His hedge fund, Duquesne Capital Management, returned an average of…

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