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Microsoft CFO Amy Hood said on the company’s earnings call that the company's capital-expense plans for the next fiscal year “remain unchanged.” Capex is expected to grow, Hood said, although less ...
Microsoft on Wednesday reported $70.1 billion in revenue for the March quarter, up 13%, with earnings of $3.46/share, ...
Meta said it plans to raise its capital spending this year to $64 billion to $72 billion to speed up AI capacity.
The Meta AI app could soon get a paid tier, similar to the ones offered by rivals like OpenAI, Google, and Microsoft. Meta ...
The new AI initiative comes nearly a year after Visa revealed major changes to how credit and debit cards will operate in the ...
Microsoft announced Wednesday that it has expanded its cloud and AI infrastructure in Europe and will follow local laws.
Super Micro Computer shares tumbled 15 per cent before the bell on Wednesday after the server maker slashed its revenue forecast, the latest blow to the former AI darling trying to regain investor ...
Ohio-based solution provider CNWR Inc. sees demand for AI-focused products by large providers like Microsoft, but customers ...
IN THE weeks after the re-election of Donald Trump, the bosses of America’s tech giants worked hard to ingratiate themselves ...
Stocks surged in late trading Wednesday, recovering from steep early-session losses that followed a government report showing ...