Microsoft's AI infrastructure spending to meet growing cloud services demand is outpacing Wall Street expectations, deepening investor fears about the costs of sustaining the boom. The technology giant reported a record capital expenditure of nearly $35 billion for its fiscal first quarter on Wednesday and warned spending would rise this year,

With the new platform, researchers can speed up scientific discovery by using advanced AI and high-performance computing to analyze vast amounts of scientific data, simulate experiments and discover new materials or solutions much faster than traditional methods.

Microsoft Corp. is expanding its agentic artificial intelligence offerings with the launch of new agents for building applications and workflows. The App Builder and Workflows agents, available to Microsoft 365 Copilot subscribers in the company’s Frontier Program, can perform tasks autonomously based on simple natural language prompts.

By the end of 2024, Microsoft will have already spent $7.3 billion in the UAE, including a $1.5 billion equity stake in G42 and over $4.6 billion on AI and cloud data centers. A further $7.9 billion will be spent between 2026 and 2029, much of it directed toward expanding advanced cloud capacity and AI compute power.

Microsoft will still hold a stake of about $135 billion, or 27%, in OpenAI Group PBC, which will be controlled by the OpenAI Foundation, a nonprofit

REDMOND, Wash. (AP) — Microsoft on Wednesday reported its quarterly sales grew 18% to $77.7 billion. The software maker also reported a 22% increase in quarterly profit to $30.8 billion, or $4.13 per share, which beat Wall Street expectations for the July-September period. Microsoft said those results excluded the impacts of some $3 billion it […]

An outage at Amazon and Microsoft’s cloud computing platforms affected Epic’s MyChart patient portal, the Independent reported. DownDetector, a crowdsourced interruption-reporting site, showed big increases in errors Oct.

In 2023, Microsoft partnered with an Abu Dhabi-based company called Group42 to grow its UAE data center presence. The tech giant disclosed today that it will have invested more than $7.3 billion in the partnership by the end of the year. Over half the sum was allocated to capital expenditures, a line item that includes data center infrastructure.

The partnership, announced less than a week after OpenAI finalized its structural transition into a nonprofit with a subsidiary for-profit arm, will give the company access to hundreds of thousands of Nvidia GB200 and GB300 semiconductors running on Amazon data clusters.