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Microsoft


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Microsoft’s UAE deal could transfer key U.S. chips and AI technology abroad

EXCLUSIVE-Microsoft’s UAE deal could transfer key U.S. chips and AI technology abroad By Stephen Nellis May 22 (Reuters) - Microsoft MSFT.O President Brad Smith said the tech company's high profile deal with the United Arab Emirates-backed AI firm G42 could eventually involve the transfer of sophisticated chips and tools - a move that a senior Republican congressman warned could have national security implications.
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Nvidia forecasts quarterly revenue above estimates, unveils stock split

UPDATE 5-Nvidia forecasts quarterly revenue above estimates, unveils stock split Add details on stock gain, paragraphs 2-3 By Arsheeya Bajwa and Stephen Nellis May 22 (Reuters) - Nvidia NVDA.O forecast quarterly revenue above estimates on Wednesday and announced a stock split, lifting its shares to record-high territory and impressing investors who have tripled the chipmaker's market value in the past year on AI optimism.
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Sam Altman's OpenAI signs content agreement with News Corp

UPDATE 3-Sam Altman's OpenAI signs content agreement with News Corp Adds detail from WSJ report in paragraph 7, shares in paragraph 9 May 22 (Reuters) - Sam Altman-led OpenAI has signed a deal that will give it access to content from some of the biggest news publications owned by media conglomerate News Corp NWSA.O , the companies said on Wednesday. The deal comes weeks after the Microsoft-backed MSFT.O AI giant clinched an agreement to license content from the Financial Times for the developmen
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Growth to get more focus in annual Russell rejig - UBS

LIVE MARKETS-Growth to get more focus in annual Russell rejig - UBS Main U.S. indexes slightly red with Dow falling most Health leads S&P 500 sector gainers; Energy down most Dollar edges up, bitcoin up 0.8%; crude down 0.8%, gold off >1% U.S. 10-Year Treasury yield edges up to ~4.43% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Most major Gulf bourses drop, Abu Dhabi hits two-year low

MIDEAST STOCKS-Most major Gulf bourses drop, Abu Dhabi hits two-year low By Md Manzer Hussain May 22 (Reuters) - Most major stock markets in the Gulf slipped on Wednesday amid falling oil prices, with investors awaiting minutes of the U.S. Federal Reserve's latest policy meeting for clues on the timing of a rate cut. Oil prices, a catalyst for the Gulf's financial markets, dropped for a third straight session, with Brent LCOc1 down 1 % at $82.07 a barrel by 1310 GMT.
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Elasticsearch Open Inference API Now Supports Microsoft Azure AI Studio

BRIEF-Elasticsearch Open Inference API Now Supports Microsoft Azure AI Studio May 22 (Reuters) - Elastic NV 3E1.F : ELASTICSEARCH OPEN INFERENCE API NOW SUPPORTS MICROSOFT AZURE AI STUDIO Source text for Eikon: ID:nBwbVSwCfa Further company coverage: 3E1.F
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Amazon to launch overhauled Alexa with paid plans, CNBC reports

UPDATE 3-Amazon to launch AI-overhauled Alexa with paid plans, CNBC reports Adds Amazon's response in paragraph 3, rewrites, adds background in paragraphs 5, 8, 11 and 12 May 22 (Reuters) - Amazon.com > will introduce a more conversational artificial intelligence-powered version of its Alexa voice assistant later this year and plans to charge a monthly subscription fee to offset technology costs, CNBC reported on Wednesday.
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Microsoft backs tree-planting carbon removal scheme in Panama

Microsoft backs tree-planting carbon removal scheme in Panama By Virginia Furness LONDON, May 22 (Reuters) - Microsoft Corp MSFT.O has struck a deal to buy 1.6 million carbon removal credits from what the developers say is one of the largest fully financed nature-based removals projects in Central America. The 10,000 hectare project in Panama is part-financed by Microsoft, which is one of the largest corporate buyers of credits, and aims to remove 3.2 million tonnes of carbon from the atmosphere
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Summit host South Korea says world must cooperate on AI technology

Summit host South Korea says world must cooperate on AI technology By Joyce Lee SEOUL, May 22 (Reuters) - South Korea's science and information technology minister said on Wednesday the world must cooperate to ensure the successful development of AI, as a global summit on the rapidly evolving technology hosted by his country wrapped up. The AI summit in Seoul, which is being co-hosted with Britain, discussed concerns such as job security, copyright and inequality on Wednesday, after 16 tech comp
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Microsoft ties up with based AI firm to invest $1 bln in Kenya data center

Microsoft ties up with UAE-based AI firm to invest $1 bln in Kenya data center Updates May 22 (Reuters) - Microsoft MSFT.O is partnering with UAE-based AI firm G42 to invest $1 billion in a data center in Kenya as part of its efforts to expand cloud-computing services in East Africa, the companies said on Wednesday. The data center, which will be built by G42 and its partners, will be powered by geothermal energy and provide access to Microsoft's Azure through a new cloud region for East Africa.
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The $5 trln AI boom could both succeed and fizzle

BREAKINGVIEWS-The $5 trln AI boom could both succeed and fizzle The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Robert Cyran NEW YORK, May 22 (Reuters Breakingviews) - Artificial intelligence models can produce apparently brilliant responses to human queries which on closer examination reveal bits of possibly regurgitated nonsense.
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Oersted Signs New CO2 Removal Agreement With Microsoft

BRIEF-Oersted Signs New CO2 Removal Agreement With Microsoft May 22 (Reuters) - Oersted A/S ORSTED.CO : ØRSTED SIGNS MAJOR NEW CO2 REMOVAL AGREEMENT WITH MICROSOFT WILL SELL ADDITIONAL 1 MILLION TONNES OF CO2 REMOVAL TO MICROSOFT FROM AVEDØRE POWER STATION OVER TEN-YEAR PERIOD Further company coverage: ORSTED.CO (Gdansk Newsroom)
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Microsoft, G42 to invest $1 billion in Kenya, build data center

Microsoft, G42 to invest $1 billion in Kenya, build data center May 22 (Reuters) - Microsoft MSFT.O and AI firm G42 said on Wednesday they will invest $1 billion in Kenya, which will include building a green data center. Reporting by Akash Sriram in Bengaluru; Editing by Nivedita Bhattacharjee
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Microsoft Says Microsoft And G42 Announce $1 Billion Comprehensive Digital Ecosystem Initiative For Kenya

BRIEF-Microsoft Says Microsoft And G42 Announce $1 Billion Comprehensive Digital Ecosystem Initiative For Kenya May 22 (Reuters) - Microsoft Corp MSFT.O : MICROSOFT- MICROSOFT AND G42 ANNOUNCE $1 BILLION COMPREHENSIVE DIGITAL ECOSYSTEM INITIATIVE FOR KENYA Further company coverage: MSFT.O
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What are AI PCs?

RPT-EXPLAINER-What are AI PCs? Repeats story first published on 21 May May 21 (Reuters) - The PC just got an AI makeover, raising hopes that the buzzy technology would help revive an industry that has been on a steady decline over the last few years. Here's everything we know about AI PCs : W HAT DOES "AI PC" MEAN? Manufacturers say these devices process data more swiftly than traditional PCs and can handle a greater volume of AI tasks directly on the device, including chatbots.
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Microsoft, G42 Announce $1 Billion Geothermal Data Center In Kenya - Bloomberg News

BRIEF-Microsoft, G42 Announce $1 Billion Geothermal Data Center In Kenya - Bloomberg News May 22 (Reuters) - MICROSOFT, G42 ANNOUNCE $1 BILLION GEOTHERMAL DATA CENTER IN KENYA - BLOOMBERG NEWS Source text: https://tinyurl.com/22jns655
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Earnings from heavyweight Nvidia to test US stocks’ record run

ANALYSIS-Earnings from AI-heavyweight Nvidia to test US stocks’ record run By Lewis Krauskopf NEW YORK, May 22 (Reuters) - Earnings from semiconductor bellwether Nvidia NVDA.O on Wednesday are set to provide the latest test for a U.S. stock market rally that has taken indexes to record highs this year. A 90% run in Nvidia’s shares this year has made it the third-biggest U.S.
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Europe stock pickers go old-school to ride the next wave in AI

ANALYSIS-Europe stock pickers go old-school to ride the next wave in AI AI theme still a hot topic in Europe Region's need for data centres in focus Utilities could benefit from higher power demand Infotech firms adopting tech stand out By Lucy Raitano LONDON, May 22 (Reuters) - European stock pickers are turning to more established sectors like utilities, professional data providers and even copper miners to tap into the next wave of the AI boom, a year after AI chipmaker Nvidia's NVDA.O emerge
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US House Committee On Homeland Security Says Microsoft's Brad Smith Will Testify Before The Committee In June

BRIEF-US House Committee On Homeland Security Says Microsoft's Brad Smith Will Testify Before The Committee In June May 21 (Reuters) - US HOUSE COMMITTEE ON HOMELAND SECURITY: MICROSOFT VICE CHAIRMAN AND PRESIDENT BRAD SMITH WILL TESTIFY BEFORE THE COMMITTEE ON JUNE 13 Source text: https://tinyurl.com/29yroc5a Further company coverage: MSFT.O
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Intel AI Platforms Accelerate Microsoft Phi-3 GenAI Models

BRIEF-Intel AI Platforms Accelerate Microsoft Phi-3 GenAI Models May 21 (Reuters) - Intel Corp: IN COLLABORATION WITH MICROSOFT, ENABLES SUPPORT FOR SEVERAL PHI-3 MODELS ACROSS ITS DATA CENTER PLATFORMS, AI PCS AND EDGE SOLUTIONS Further company coverage: INTC.O
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