Microsoft Q3 Beat on Revenue & EPS, But Record Capex and Q4 Outlook Disappoint Investors
Microsoft beat earnings with strong cloud and AI growth, but high spending and a weak outlook disappointed investors; shares fell.
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Microsoft & OpenAI Just Rewrote Their Partnership: More Freedom, Less Drama
Microsoft and OpenAI updated deal: OpenAI gets more freedom, Azure remains main partner, revenue rules simplified, AGI clause removed.
Microsoft to Build Massive New Data Center in Cheyenne, Wyoming
Microsoft has also formed a dedicated partnership with Black Hills Energy to support these efforts.
Amazon’s AI Revenue Crosses $15 Billion as Chip Unit Prepares for External Sales
Amazon CEO Andy Jassy reveals the company may soon sell its custom AI chips to third parties. Its in-house chip business reaches $20B annual run rate while AWS AI revenue crosses $15 billion.
Arista Networks Stock Gets Bullish Upgrade — Analyst Sees Up to 40% Growth
Rosenblatt upgrades Arista Networks, citing strong AI demand and faster growth ahead.
Microsoft Announces $10 Billion AI Push in Japan, Sakura Internet Stock Soars
Microsoft plans a $10 billion investment in AI and cybersecurity in Japan over 4 years. Sakura Internet stock jumps 20% as it becomes the local AI partner.