Microsoft pulls back on AI data center spending
The hundreds of billions of dollars flowing into AI development has drawn concern that the boom could actually be a bubble.
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Microsoft CEO Admits That AI Is Generating Basically No Value
Microsoft CEO Satya Nadella, whose company has invested billions of dollars in ChatGPT maker OpenAI, has had it with the AI ...
Microsoft invests in cloud data firm Veeam Software to build AI products
Microsoft has made an undisclosed equity investment in Veeam Software as part of an expanded partnership to build artificial ...
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Microsoft makes major changes to its AI infrastructure plans, analyst says: Trial Balance
The company is cutting AI data center spending on the heels of a podcast discussion with its CEO, Satya Nadella, around the ...
Nvidia sells $11 billion of next-gen Blackwell AI chips in 'fastest product ramp in our company’s history'
Nvidia (NVDA) said Wednesday that its latest Blackwell AI chips have reached full-scale production, generating $11 billion in ...
Microsoft shelves AI data-center deals in sign of potential oversupply, brokerage says
Microsoft previously announced plans to develop three data center campuses in Licking County and invest $1 billion.