Microsoft has proved a titan even among its fellow Big Tech giants this year, surging to highs as it works to prove the fiscal viability of its heavy investments in artificial intelligence. The surge followed Microsoft's highly anticipated unveiling of its first-ever graphics-processing chip made for AI, a move that could enable the company to compete with semiconductor giant Nvidia . During its Microsoft Ignite 2023 conference, the company simultaneously announced a second Arm chip for more general-purpose computing, as well as an expanded partnership with Nvidia designed to benefit Microsoft's cloud customers...

Microsoft, at its developer conference, showed how it is doubling down on AI-enabled software. For Microsoft (ticker: MSFT), one of the biggest takeaways from its Ignite conference this week was early positivity around 365 Copilot, an AI-based companion for its productivity software. Analysts were enthusiastic, with Wedbush’s Daniel Ives saying Copilot’s introduction will be the “game changing” moment for AI monetization...

Companies like OpenAI can finally use a fully-bespoke Microsoft design for AI training and inference, rather than source chips from a supply-constrained Nvidia...

Disney (DIS) collaborates with Dapper Labs to introduce an NFT platform to showcase the company's iconic characters...