Latest Microsoft Corp News

Microsoft pledges $4.3 billion investment at Macron’s ‘Choose France’ summit

May. 13, 2024 09:23 AM EDT

PARIS (AP) — Microsoft announced its most substantial commitment yet to France, pledging on Monday to invest 4 billion euros ($4.3 billion) this year to bolster the country’s burgeoning artificial intelligence sector. The move is part of a broader effort unveiled during...

California is testing new generative AI tools. Here's what to know

May. 10, 2024 00:26 AM EDT

SACRAMENTO, Calif. (AP) — Generative artificial intelligence tools will soon be used by California's government. Democratic Gov. Gavin Newsom's administration announced Thursday the state will partner with five companies to develop and test generative AI tools that could improve...

California to tap generative AI tools to increase services access, reduce traffic jams

May. 09, 2024 19:22 PM EDT

SACRAMENTO, Calif. (AP) — California could soon deploy generative artificial intelligence tools to help reduce traffic jams, make roads safer and provide tax guidance, among other things, under new agreements announced Thursday as part of Gov. Gavin Newsom’s efforts to harness the power of new...

Biden lauds new Microsoft center on the same site where Trump's Foxconn project failed

May. 08, 2024 20:25 PM EDT

STURTEVANT, Wis. (AP) — President Joe Biden on Wednesday laced into Donald Trump over a failed project in the previous administration that was supposed to bring thousands of new jobs into southeastern Wisconsin and trumpeted new economic investments under his watch that are coming to the same...

Google, Justice Department make final arguments about whether search engine is a monopoly

May. 03, 2024 19:50 PM EDT

WASHINGTON (AP) — Google's preeminence as an internet search engine is an illegal monopoly propped up by more than $20 billion spent each year by the tech giant to lock out competition, Justice Department lawyers argued at the closings of a high-stakes antitrust lawsuit. Google, on...

Apple's quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news

May. 02, 2024 17:47 PM EDT

Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic’s outset, deepening a slump that’s increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence. The 10% drop in year-over-year iPhone...

Microsoft will invest $2.2 billion in cloud and AI services in Malaysia

May. 02, 2024 03:07 AM EDT

KUALA LUMPUR, Malaysia (AP) — Microsoft is investing $2.2 billion over the next four years in Malaysia's new cloud and artificial intelligence infrastructure as well as partnering with the government to establish a national AI center, its CEO Satya Nadella said Thursday. It marks...

Family of Microsoft executive Brad Smith joins Seattle Mariners ownership group

May. 01, 2024 14:34 PM EDT

SEATTLE (AP) — Microsoft vice chair and president Brad Smith and wife Kathy Surace-Smith have purchased a stake in the Seattle Mariners, becoming just the third additions to the team’s ownership group since 1992. The team announced the addition of the Smiths to the Mariners...

Google and Apple now threatened by the US antitrust laws that helped build their technology empires

May. 01, 2024 09:02 AM EDT

SAN FRANCISCO (AP) — The U.S. Justice Department's double-barreled antitrust attack on Google's dominant search and Apple's trendsetting iPhone is reviving memories of the epic battle that hobbled Microsoft before it roared back to yet again become the world's most valuable company. ...

Microsoft will invest $1.7 billion in AI and cloud infrastructure in Indonesia

Apr. 30, 2024 22:47 PM EDT

JAKARTA, Indonesia (AP) — Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia — the single largest investment in Microsoft’s 29-year history in the country — Microsoft CEO Satya Nadella said Tuesday. ...