Satya Nadella
Michael Saylor’s case for Microsoft buying Bitcoin gets rejected by shareholders
Michael Saylor, the billionaire bitcoin investor whose turned his company, MicroStrategy, into a high-risk proxy for the cryptocurrency, has been encouraging Microsoft to use some of its massive cash pile to follow his lead. But shareholders on Tuesday said no. In October, Microsoft told investors that the National Center for Public Policy Research, a conservative […]
Read MoreMicrosoft introduces PC that has one job: connect users to their computers in the cloud
Microsoft CEO Satya Nadella watches from the audience during a press briefing at Microsoft’s campus in Redmond, Washington, on May 20, 2024. Jason Redmond | Afp | Getty Images Microsoft is previewing a new PC that’s designed to connect corporate workers to their programs and files in the cloud. The Windows 365 Cloud Link is […]
Read MoreMicrosoft’s stock heads for worst day in two years after disappointing forecast
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Dimas Ardian | Bloomberg | Getty Images Microsoft‘s better-than-expected earnings report wasn’t enough to prevent the stock’s steepest sell-off in two years, as investors instead focused on the company’s forecast for the current period. Microsoft […]
Read MoreMicrosoft CFO says OpenAI investment will cut into profit this quarter
Microsoft CEO Satya Nadella, right, speaks as OpenAI CEO Sam Altman looks on during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images Microsoft‘s massive investment in OpenAI is weighing on earnings. Following Microsoft’s quarterly earnings report on Wednesday, CFO Amy Hood said she expects the company to […]
Read MoreMicrosoft CEO Nadella asked for pay reduction after security slip, but total comp still rose 63%
Microsoft CEO Satya Nadella speaks at an event on the company’s Redmond, Washington, campus on May 20, 2024. Nadella is betting a new generation of computers with specialized artificial intelligence chips and faster performance will revive the long-running rivalry between Windows PCs and Apple Inc.’s Mac. Chona Kasinger | Bloomberg | Getty Images Microsoft gave […]
Read MoreAmazon-backed Anthropic debuts AI agents that can do complex tasks, racing against OpenAI, Microsoft and Google
Dario Amodei, co-founder and CEO of artificial intelligence startup Anthropic. Chesnot | Getty Images Anthropic, the Amazon-backed AI startup founded by former OpenAI research executives, announced Tuesday that it’s reached an artificial intelligence milestone for the company: AI agents that can use a computer to complete complex tasks like a human would. Anthropic is the company […]
Read MoreMicrosoft’s mammoth AI bet will lead to over $100 billion in data center leases
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Microsoft will invest $1.7 billion to build out cloud computing and artificial intelligence infrastructure in Indonesia, betting on Southeast Asia’s biggest economy to spur growth. Dimas Ardian | Bloomberg | Getty Images As Microsoft investors […]
Read MoreIntel’s wild week leaves Wall Street more uncertain than ever about chipmaker’s future
Intel CEO Patrick Gelsinger speaks at the Intel Ocotillo Campus in Chandler, Arizona, on March 20, 2024. Brendan Smialowski | AFP | Getty Images It was quite a week for Intel. The chipmaker, which has lost over half its value this year and last month had its worst day on the market in 50 years […]
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