Microsoft announces €4bn investment in France to boost AI and cloud technologies

Microsoft announces €4bn investment in France to boost AI and cloud technologies

Microsoft has unveiled its largest investment in France to date, committing €4 billion to accelerate the adoption of artificial intelligence (AI) and cloud technologies. This investment, announced during the Choose France summit, aims to bolster France’s digital competitiveness and contribute significantly to the French economy and job market. The initiative aligns with France’s National Strategy […]

Microsoft to invest $3.3bn in Wisconsin to drive AI-powered economic growth

Microsoft to invest $3.3bn in Wisconsin to drive AI-powered economic growth

Microsoft has announced a transformative $3.3 billion investment aimed at bolstering Southeast Wisconsin as a central hub for AI-powered innovation, economic activity, and job creation. This comprehensive package includes the establishment of cutting-edge cloud computing and AI infrastructure, the first manufacturing-focused AI co-innovation lab in the United States, and an expansive AI skilling initiative to […]

Wipro and Microsoft forge ahead with AI-powered cognitive assistants for financial services

Wipro and Microsoft forge ahead with AI-powered cognitive assistants for financial services

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a foremost player in technology services and consulting, has announced a collaboration with Microsoft Corporation. Together, they are set to launch a suite of cognitive assistants for the financial services sector, namely Wipro GenAI Investor Intelligence, Wipro GenAI Investor Onboarding, and Wipro GenAI Loan Origination. Technology and […]

Microsoft pledges $2.2bn to fuel digital transformation in Malaysia

Microsoft pledges $2.2bn to fuel digital transformation in Malaysia

In a landmark announcement, Microsoft has committed to investing US$2.2 billion over the next four years, marking the largest single investment by the tech giant in its 32-year history in Malaysia. This strategic move is set to bolster Malaysia’s digital infrastructure and accelerate the country’s transformation into a global tech hub. Comprehensive Development Plans The […]

Microsoft announces $1.7bn investment in Indonesia’s digital infrastructure

Microsoft announces $1.7bn investment in Indonesia’s digital infrastructure

Microsoft has unveiled a major investment plan in Indonesia, committing US$1.7 billion over the next four years to expand new cloud and AI infrastructure, as well as to provide AI skilling opportunities for 840,000 individuals. This initiative, the largest in Microsoft’s 29-year history in Indonesia, aligns with the Indonesian government’s Golden Indonesia 2045 Vision, aiming […]

Axel Springer and Microsoft forge expanded partnership to empower independent journalism

Axel Springer and Microsoft forge expanded partnership to empower independent journalism

Axel Springer SE and Microsoft Corp. have announced an expanded partnership that will deepen their cooperation across advertising, artificial intelligence (AI), content, and cloud computing. This collaboration is set to leverage cutting-edge technology to support and promote independent journalism globally. The partnership will broaden the existing adtech relationship to include POLITICO in the U.S., enhancing […]

Estée Lauder and Microsoft launch AI Innovation Lab to transform beauty industry

Estée Lauder and Microsoft launch AI Innovation Lab to transform beauty industry

In an industry-defining move, The Estée Lauder Companies (ELC) and Microsoft Corp. unveiled their latest collaboration on Friday—an AI Innovation Lab aimed at transforming the prestige beauty landscape. This expansion of their global strategic relationship harnesses the power of generative AI through Microsoft’s Azure OpenAI Service, setting a new standard for innovation in beauty technology. […]

Microsoft reports 17% jump in FY24 Q3 total revenue to $62bn

Microsoft reports 17% jump in FY24 Q3 total revenue to $62bn

Microsoft Corp. has announced impressive results for the quarter ending March 31, 2024, showcasing substantial growth across its diverse portfolio. The company reported a total revenue of $61.9 billion, marking a 17% increase from the previous year. Key financial highlights include: – Operating income: $27.6 billion, up 23% – Net income: $21.9 billion, up 20% […]

Cognizant and Microsoft forge ahead with expanded generative AI partnership

Cognizant and Microsoft forge ahead with expanded generative AI partnership

Cognizant Technology Solutions Corp. (Nasdaq: CTSH) and Microsoft Corp. have significantly expanded their partnership to integrate Microsoft’s advanced generative AI and Copilots into enterprise operations, enhancing employee experiences and catalyzing innovation across multiple industries. This collaboration aligns with forecasts projecting AI to add up to $1 trillion to the U.S. GDP over the next decade, […]

Microsoft and Coca-Cola forge $1.1bn AI-driven strategic partnership

Microsoft and Coca-Cola forge $1.1bn AI-driven strategic partnership

Microsoft Corp. and The Coca-Cola Company announced on Tuesday a transformative five-year strategic partnership, underscoring Coca-Cola’s commitment to digital transformation with a substantial $1.1 billion investment in Microsoft Cloud and its generative AI capabilities. This collaboration is set to align Coca-Cola’s technology strategy globally, enabling the adoption of cutting-edge technology to foster innovation and enhance […]

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