Artificial intelligence (AI) continues to stand out as a transformative force, fueling growth for select companies insulated from economic turbulence. With valuations in some tech giants like Nvidia ( NASDAQ:NVDA ) stretching thin, other players are poised to capitalize on AI's expansion. If you have $10,000 to invest - money not needed for bills or emergencies - you can turn it into more than $26,000 in just four years by investing in the following two stocks.
Microsoft is planning to make "significant investments" in its own AI chip cluster to become "self-sufficient in AI," Microsoft AI CEO Mustafa Suleyman said during an all-employee town hall meeting on Thursday. Microsoft's AI strategy has so far largely relied on a partnership with OpenAI, although the companies appear to be drifting apart lately and they're locked in tense contract renegotiations right now. Suleyman's comments suggest Microsoft wants to forge its own path in AI, while still supporting OpenAI with cloud-computing services.
A prominent US Senator has called on the Federal Trade Commission to investigate Microsoft for "gross cybersecurity negligence," citing the company's continued use of an obsolete and vulnerable form of encryption that Windows uses by default. In a letter to FTC Chairman Andrew Ferguson, Sen. Ron Wyden (D-Ore.) said an investigation his office conducted into the 2024 ransomware breach of the health care giant Ascension found that default use of the RC4 encryption cipher was a direct cause.
Nebius Group said on Monday it will provide Microsoft with GPU infrastructure capacity, in a deal worth $17.4 billion, over a five-year term, sending its shares soaring over 47% after the bell. The deal underscores the surging demand for high-performance AI computers, as companies invest heavily to bolster their AI infrastructure. Microsoft may also acquire additional services capacity under the deal, bringing the total contract value to about $19.4 billion.
In June we reported that Microsoft was testing a floating Copilot search box in the Bing Search results interface. Now, Microsoft added keyword suggestions next to the floating Copilot search box to help you figure out what to search for. This update was spotted by Sachin Patel who shared this screenshot on X showing these three keyword phrases floating next to the already floating Copilot search box:
As the software colossus explained in a Wednesday post, Microsoft founders Bill Gates and Paul Allen wrote the company's first product, BASIC for the Altair 8800 microcomputer and the Intel 8080 processor that powered it, in 1975. A year later Gates and Ric Weiland, Microsoft's second employee, ported Microsoft BASIC to the 6502 processor. In 1977, Commodore Computer licensed it for $25,000 and used Microsoft BASIC in its PET, VIC-20, and Commodore 64 machines.
Microsoft Exchange Online is experiencing an outage that mainly affects European users. Users have been experiencing delays in sending and receiving emails since around 12:30 p.m. Central European Summer Time. Several users have reported experiencing problems, although the exact extent of the issue is still unclear. Microsoft acknowledges the problems on a support page in the closed admin center. The company states that "some users located in Europe" may experience problems sending or receiving emails via Exchange Online.
The use of Chinese nationals to service Department of Defense cloud environments it's over, Hegseth said in a video statement. We've issued a formal letter of concern to Microsoft documenting this breach of trust, and we're requiring a third-party audit of Microsoft's digital escort programme, including the code and the submissions by Chinese nationals. Did they put anything in the code that we didn't know about? We are going to find out, Hegseth added.
Private prison company executives expressed their enthusiasm over unprecedented growth opportunities in immigration detention, which has seen a financial boost from the administration's crackdown.
Sariel had a plan to transfer large amounts of Unit 8200's data, including top-secret information, into Microsoft's cloud platform, Azure. This would enable mass surveillance on Palestinians in the West Bank and Gaza.
Google's Liz Reid stated that website clicks from Google have remained relatively stable following the launch of AI Overviews, yet skepticism persists among industry observers.