Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.
Meta CEO Mark Zuckerberg, meanwhile, seemed to downplay the threat posed by DeepSeek, saying that the industry is constantly changing and DeepSeek’s announcement is simply a part of that ebb and flow.
Enterprise AI workloads and OpenAI training consumed Azure resources last year. “We have been short power and space,” CFO Amy ...
Data center operator DataBank has raised $250 million in an equity investment and an additional $600 million in a secondary ...
Leaders at Microsoft and Meta told investors that China’s DeepSeek doesn’t harm their businesses and that they will still ...
Data center technology spending skyrocketed 34 percent in 2024, according to Synergy Research Group. It is soaring past a ...
Microsoft said its cloud-computing business will continue to grow slowly in the current quarter as the company struggles to ...
When OpenAI released ChatGPT in 2022, companies started spending billions on GPUs to train AI models. Nvidia led the market ...
A Heath-Microsoft deal will provide the city $12 million for road and utility improvements around a Microsoft data center ...
While local officials discuss the economic benefits, some farmers worry about the long-term impact on agriculture and rising ...
Microsoft is doubling down on its investments in Malaysia with the acquisition of an additional plot of land near the ...
Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in ...