Microsoft, MSFT, CEO Satya Nadella is expected to talk about DeepSeek, Stargate, Azure, Copilot, AI, GenAI and more on the ...
Microsoft shares dropped 5 per cent, while Meta was up 2 per cent after their October-December Q1 results, both companies posted profits, according to AP reports.
CFO Amy Hood confirmed that Microsoft Cloud revenue for the most recent quarter rose 21% year-over-year to $40.9 billion. Key to its success has been the growing demand for AI tools and data centers.
Despite the overall positive results, Microsoft’s shares dropped by 5 per cent in after-hours trading on Wednesday. The ...
Microsoft yesterday reported profits of US$24.1 billion in the recently ended quarter, but shares slid on worries over its ...
If you think it might be difficult to sell companies general purpose servers when they are frenzied about GenAI and trying to ...
At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. ...
DeepSeek’s success initially rattled investors’ assumptions about the AI spending wave that has swept through Silicon Valley ...
The software giant has been one of the main beneficiaries of the AI boom, with surging demand for its cloud services and enthusiasm about its $13bn partnership with OpenAI propelling it into a tiny ...
Microsoft reported fiscal second-quarter Intelligent Cloud revenue that missed analysts’ expectations, dragging shares lower after the bell Wednesday.
Microsoft Corp. Chief Executive Officer Satya Nadella had some kind words for DeepSeek, the Chinese artificial intelligence ...
Chinese AI startup DeepSeek's model led to increased scrutiny on Microsoft's AI spending.