FOMO drives tech heavyweights to invest billions in generative AI

Microsoft CEO Satya Nadella, right, greets OpenAI CEO Sam Altman during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images News | Getty Images Tech giants aren’t doing much acquiring these days, due mostly to an unfavorable regulatory environment. But they’re finding other ways to spend billions of … Read more

Satya Nadella welcomes Mustafa Suleyman as CEO of Microsoft AI

New Delhi: Microsoft Chairman and CEO Satya Nadella on Tuesday welcomed Mustafa Suleyman as CEO of the company’s artificial intelligence (AI) venture. As CEO of Microsoft AI, Suleyman will lead consumer AI products and research, including Copilot, Bing and Edge. “Welcome to Microsoft. Thrilled to have you lead Microsoft AI as we build consumer AI, … Read more

Microsoft AI growth helping Azure cloud chip away at Amazon’s lead

Microsoft CEO Satya Nadella appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Chris Ratcliffe | Bloomberg | Getty Images Amazon Web Services is still the cloud leader. But Microsoft is quickly closing the gap. While Microsoft doesn’t disclose revenue figures for its Azure cloud infrastructure, analyst figures suggest that five … Read more

Microsoft CEO Satya Nadella hits 10-year anniversary

Microsoft CEO Satya Nadella speaks during a keynote address announcing ChatGPT integration for Bing at Microsoft in Redmond, Washington, Feb. 7, 2023. Jason Redmond | AFP | Getty Images When Satya Nadella replaced Steve Ballmer as Microsoft CEO in February 2014, the software company was mired in mediocrity. Its market cap was just over $300 … Read more

Spend money to make money

Google CEO Sundar Pichai, arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023. Mandel Ngan | AFP | Getty Images It was a big week for tech earnings, with Microsoft, Meta, Alphabet, Amazon and Apple all reporting over the past few days. Artificial intelligence … Read more

Microsoft CEO Claims ‘Enough Tech’ Exists To Stop AI Deepfakes In US Elections

Microsoft CEO Satya Nadella believes existing technology can efficiently safeguard the US elections from AI-generated deepfakes and misinformation. Generative AI, which alludes to a type of artificial intelligence (AI) that can create new content, such as text, images, music and videos, has taken the technology segment by storm. A recent UK-wide study, exploring the use … Read more

Davos 2024: Microsoft CEO ‘comfortable’ with OpenAI non-profit board structure despite Altman ousting

Microsoft CEO Satya Nadella on Tuesday said he had no issue with partner OpenAI’s governance structure, two months after the start-up’s non-profit board temporarily ousted its chief executive without regard to investors’ interests. “I’m comfortable. I have no issues with any structure,” Nadella said at a Bloomberg News event on the sidelines of the World … Read more

Tech stocks wrap up 2023 rally after last year’s slump

The Nasdaq MarketSite in the Times Square neighborhood of New York, on Tuesday, May 31, 2022. Michael Nagle | Bloomberg | Getty Images Tech stocks rebounded from a disastrous 2022 and lifted the Nasdaq to one of its strongest years in the past two decades. After last year’s 33% plunge, the tech-heavy Nasdaq finished 2023 … Read more