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Tech stocks were higher late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) ris...
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Apple agreed to pay $95 million to settle a proposed class action lawsuit brought by device users who claimed their conversations had been recorded by Siri and shared with third parties...
Continue ReadingMicrosoft (MSFT) is planning to spend tens of billions of dollars to build on its artificial intelligence ambitions this year...
Continue ReadingToday's Research Daily features new research reports on 16 major stocks, including UnitedHealth Group Incorporated (UNH), Costco Wholesale Corporation (COST) and International Business Machines Corporation (IBM), as well as a micro-cap stock Smith-Midland Corporation (SMID)...
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Apple this week agreed to a proposed $95 million settlement to resolve a class action lawsuit alleging that some customers had private conversations, recorded after they accidentally activated voice assistant Siri, shared with third-party contractors...
Continue Reading(Bloomberg) -- Microsoft Corp. plans to spend $80 billion this fiscal year building out data centers, underscoring the intense capital requirements of artificial intelligence. Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned-Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusMore than half of...
Continue ReadingMicrosoft has earmarked $80 billion in fiscal 2025 to build data centers designed to handle artificial intelligence workloads, according to a company blog post. Specifically, the tech giant plans to build out AI-enabled data centers “to train AI models and deploy AI and cloud-based applications around the world.” Of that $80 billion allocation, more than half will be spent in the United States, according to Microsoft Vice Chair and President Brad Smith. The tech giant’s 2025 fiscal year ends in...
Continue ReadingApple's App Store revenue surges 12.7% YoY in December, boosting Q1 growth despite hardware challenges...
Continue ReadingMicrosoft's $80B data center investment underscores AI ambitions, boosting Nvidia and AMD shares...
Continue ReadingInvestment in AI has surged since OpenAI launched ChatGPT in 2022, as companies across sectors seek to integrate artificial intelligence into their products and services. AI requires enormous computing power, pushing demand for specialized data centers that enable tech companies to link thousands of chips together in clusters. Microsoft has been investing billions to enhance its AI infrastructure and broaden its data-center network...
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