Microsoft has announced plans to invest $4.8 billion USD over the next two years to strengthen its artificial intelligence and cloud infrastructure in northern Italy. According to reports, this investment will boost Italy’s digital economy and establish the country as a major hub for AI and cloud services in the Mediterranean region. The report further…
BlackRock & Microsoft: $30 Billion AI Investment
BlackRock and Microsoft have announced plans to launch a Global AI Infrastructure investment partnership of $30 billion USD to develop artificial intelligence infrastructure as well as data centers and energy projects. According to reports, MGX, the Abu Dhabi-backed investment firm, and Nvidia will be contributing technical expertise for AI data centers and factories as the…
Microsoft: $14 Million Settlement
Microsoft has agreed to pay the sum of $14 million USD to settle a California agency’s claims that it illegally penalized workers who took Parental and Disability Leave. According to reports, employees who took leave from work due to pregnancy, disability, or to care for a sick family member received lower bonuses, were denied raises…
Microsoft To Layoff 1,500
Microsoft has announced plans to lay off 1500 employees in its Azure cloud unit as part of a restructuring initiative. This restructuring plan will allow Microsoft to cut costs as well as focus on AI development and invest in strategic growth areas. The layoffs will affect Azure for Operators and Mission Engineering teams. In January,…
Microsoft: $3.2 Billion Investment In Sweden
Microsoft has announced plans to invest $3.2 billion USD in Sweden to improve its cloud and Artificial Intelligence infrastructure over the next 2 years. This investment deal will provide 20,000 sophisticated graphics processing units to Sandviken, Gävle, and Staffanstorp data centers and will train 250,000 Swedes in AI capabilities by 2027. The report further mentions…
Microsoft Launches Copilot For Teams
Microsoft has announced the launch of Team Copilot, aimed at bringing the AI virtual assistant experience to every user. Team Copilot will be available to customers later in the year. It will be integrated directly within Microsoft’s Loop and Planner tools and will be able to assign tasks, track deadlines, and notify team members when…
Microsoft: $4.3 Billion AI & Cloud Investment
Microsoft has announced plans to invest $4.3 billion USD in France to boost its artificial intelligence and cloud computing sector in the country. The investment deal is expected to be completed by 2027 and will involve the deployment of 25,000 of the most advanced graphics processing units (GPUs) by the end of 2025, as well…
Microsoft To Launch Mobile Game Store
Microsoft has announced plans to launch its mobile game store to compete with the Apple App Store and Google Play Store. The launch is expected to be in July and will feature games like Candy Crush and Minecraft first. The report further states that the store will be launched on the web rather than an…
Microsoft: $3.3 Billion Data Center facility
Microsoft has announced plans to build a $3.3 billion USD high-tech data center facility in Wisconsin, where Taiwan electronics manufacturer Foxconn had planned to build a $10 billion USD factory but scaled back on its plans. This investment deal will create 2,300 construction jobs and 2,000 permanent jobs over time. Microsoft will also partner with…
Microsoft: $2.2 Billion AI & Cloud Investment In Malaysia
Microsoft has announced plans to invest $2.2 billion USD in cloud and artificial intelligence infrastructure in Malaysia. This investment deal is expected to be made over the next 4 years and will also involve collaboration with the Malaysian government to establish a national AI center in the country to enhance the country’s cybersecurity capabilities.The report…