In a bold move set for fiscal 2025, Microsoft has declared its intent to allocate $80 billion towards constructing data centers designed to support artificial intelligence (AI) workloads. This announcement, detailed in a recent blog post by Microsoft Vice Chair and President Brad Smith, emphasizes the company’s commitment to maintaining and enhancing the United States’
Enterprise
Recent data from the China Academy of Information and Communications Technology (CAICT) reveals a significant downturn in smartphone sales from foreign brands in China, specifically highlighting the month of November 2023. This stark decline, down 47.4% year-over-year with only 3.04 million units sold, signals an urgent need for international brands like Apple to reassess their
CNBC has opened the door for companies eager to be recognized on the coveted 2025 Disruptor 50 list, marking the thirteenth edition of this prestigious accolade. This initiative highlights the most inventive venture-backed firms utilizing transformative technologies to tackle persistent economic and consumer challenges. The call for applications presents an exciting opportunity for independent, privately-owned
As the Chinese New Year approaches, Apple is shifting its sales strategy by offering notable discounts on its premium iPhone models and other devices within its product line. Historically, Apple has taken a conservative approach to pricing, avoiding direct discounts in its retail stores and relying instead on third-party retailers for promotional offers. However, the
Tesla Inc. has always been a focal point of both media and investor attention, often marked by dramatic shifts in stock performance. Recently, the electric vehicle (EV) manufacturer displayed this volatility yet again, experiencing substantial losses followed by a quick recovery. On a Friday morning, the company’s shares rebounded by 0.7% following a disappointing premarket
The cryptocurrency landscape experienced a transformative year in 2024, with Bitcoin standing out as the leading digital asset amid a wave of optimism and speculation. The year marked an escalation in mainstream acceptance, primarily driven by the introduction of new exchange-traded funds (ETFs) and the anticipation of regulatory changes under a newly elected presidential administration.
In a significant maneuver indicative of the intensifying competition in the artificial intelligence sector, Alibaba has announced a dramatic reduction in the pricing of its large language models (LLMs) by up to 85%. This price cut was disclosed through Alibaba Cloud’s WeChat platform on Tuesday, targeting its innovative visual language model, Qwen-VL. Designed to process
The relentless growth of artificial intelligence (AI) and cloud computing has initiated a seismic shift in global energy consumption, with projections suggesting an alarming increase of up to 75% in electricity demand by 2050. This forecast, released by the U.S. Department of Energy, highlights a critical reality: as tech giants and industry leaders ramp up
In a recent meeting filled with both festive spirit and pressing urgency, Google CEO Sundar Pichai conveyed a powerful message to employees regarding the pivotal nature of the upcoming year, 2025. The gathering, reminiscent of a corporate holiday party with attendees donning quirky sweaters, was far from merely a lighthearted occasion. Pichai emphasized that “the
As OpenAI transitions towards a for-profit model by 2025, significant changes are poised to reshape the company’s operational dynamics. In a bold move aimed at enhancing its commercial capabilities and attracting necessary capital, OpenAI plans to establish a public benefit corporation (PBC). This shift could potentially dismantle some of the restrictions inherent to its original