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Microsoft Corp

Nvidia-backed GPU cloud provider CoreWeave is worth $19 billion

by Adrian Jhonsan
Nvidia-backed GPU cloud provider CoreWeave is worth  billion

Nvidia-backed startup CoreWeave is based in Roseland, New Jersey. As of May 2024, it has 550 employees. CoreWeave CoreWeave, a cloud infrastructure startup that rents out graphics processing units to …

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Categories World

Microsoft, Brookfield to develop more than 10.5 gigawatts of renewable energy

by Milton Acorn
Microsoft, Brookfield to develop more than 10.5 gigawatts of renewable energy

Microsoft Chief Executive Officer (CEO) Satya Narayana Nadella speaks at a live Microsoft event in the Manhattan borough of New York City, October 26, 2016. Lucas Jackson | Reuters Microsoft …

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Categories Science

AWS Q1 earnings report 2024

by Ev Richard
AWS Q1 earnings report 2024

Adam Selipsky, CEO of Amazon Web Services, speaks during the Bloomberg Technology Summit in San Francisco on June 22, 2023. David Paul Morris | Bloomberg | Getty Images Amazon said …

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Categories Technology

GEHC’s unwarranted post-earnings plunge is a buying opportunity

by Shawn Butlere
GEHC’s unwarranted post-earnings plunge is a buying opportunity

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re …

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Categories Health

Newspaper publishers sue Microsoft, OpenAI over copyright infringement

by Adrian Jhonsan
Newspaper publishers sue Microsoft, OpenAI over copyright infringement

Sam Altman, CEO of OpenAI, during a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg | Getty Images Eight U.S. …

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Categories World

Microsoft to invest $1.7 billion into AI infrastructure in Indonesia

by Ev Richard
Microsoft to invest .7 billion into AI infrastructure in Indonesia

Microsoft CEO Satya Nadella (C) arrives for a meeting with Indonesia’s President Joko Widodo at the Merdeka Palace in Jakarta on April 30, 2024. (Photo by BAY ISMOYO / AFP) …

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Categories Technology

Morgan Stanley sees 10 to 15 more tech IPOs in 2024, better 2025

by Ev Richard
Morgan Stanley sees 10 to 15 more tech IPOs in 2024, better 2025

Following a long period of waiting, “the IPO market’s back.” That’s according to Colin Stewart, Morgan Stanley’s global head of technology equity capital markets. In an interview with CNBC’s “TechCheck” …

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Categories Technology

Oracle boosts generative AI capabilities as cloud competition intensifies

by Ev Richard
Oracle boosts generative AI capabilities as cloud competition intensifies

US multinational computer technology company Oracle’s logo is pictured at the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in Barcelona on February 27, 2024. The world’s biggest …

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Categories Technology

How working for Big Tech lost ‘dream job’ status

by Ev Richard
How working for Big Tech lost ‘dream job’ status

Despite blockbuster earnings from giants such as Alphabet and Microsoft, layoffs continue to ripple through the tech industry. Layoffs.fyi, a platform monitoring job cuts in the tech sector, recorded more …

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Categories Technology

U.S. chipmaker Intel was once dominant, now struggles to stay relevant

by Ev Richard
U.S. chipmaker Intel was once dominant, now struggles to stay relevant

Intel CEO Pat Gelsinger speaks while showing silicon wafers during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023. Seth Wenig | AP Intel’s long-awaited turnaround looks …

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Categories Technology
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