Microsoft, AI and DeepSeek
The Microsoft CEO will have to perform a delicate balancing act over the next four years to keep his company from becoming a target.
The Microsoft CEO cited Jevons paradox, which stipulates increased efficiency in production drives increased demand.
Cloud gaming was a boon for Microsoft's earnings this past fiscal quarter, even as the rest of the Xbox division saw revenue fall.
Microsoft CEO Satya Nadella had the quote of the week in response to a question from CNBC's Andrew Ross Sorkin about Elon Musk questioning the ability of the new Stargate Project's financial backers to invest up to $500 billion in AI infrastructure.
Microsoft plans to spend $108 billion on data centres this fiscal year to meet customers' AI demands. Read more at straitstimes.com.
Two of the most powerful tech leaders in the world, Microsoft CEO Satya Nadella and Tesla CEO Elon Musk, are not exactly fans of the $500 billion Stargate AI initiative announced by Trump this week.
A late-night post on X from Microsoft CEO Satya Nadella on an economic concept known as Jevons Paradox sought to counter fears that the emergence of China’s DeepSeek large language model and chatbot would pop the artificial-intelligence bubble.
DeepSeek will not derail Microsoft and Meta spending a combined $US145bn ($232.3bn) on artificial intelligence this year, with Mark Zuckerberg steaming ahead with plans to build a data centre almost the size of Manhattan.
Microsoft reported fiscal second-quarter Intelligent Cloud revenue that missed analysts’ expectations, dragging shares lower after the bell Wednesday.
The tech giants on Wednesday talked up their AI strategies and said they are sticking with ambitious investments in the technology despite the investor panic this week over the ri
On Tuesday night, President Donald Trump issued a pardon to Ross Ulbricht, who ran the dark web marketplace Silk Road under the pseudonym “Dread Pirate Roberts.” Ulbricht has been serving a life sentence without parole since 2015, when he was convicted of multiple charges, including the distribution of narcotics.