Microsoft Corp is working with Advanced Micro Devices Inc (AMD) on the chipmaker’s expansion into artificial intelligence (AI) processors, according to people with knowledge of the situation, part of a multipronged strategy to secure more of the highly coveted components.

Microsoft working with AMD on expansion into AI processors

Alphabet Inc’s Google and Microsoft Corp, whose quarterly earnings each got a boost from their established search and cloud-computing businesses, used their time with investors to emphasise what’s next — artificial intelligence (AI).

Microsoft sees AI shaking up search while Google calms investors

(April 20): Microsoft Corp said its social media planning and scheduling tools for advertisers will no longer support Twitter, after the Elon Musk-owned social network started charging for access to its programming interface.

Musk responded to the announcement by accusing Microsoft...

Microsoft removes Twitter from ad programme; Musk threatens suit

As Microsoft Corp, OpenAI, Google and other technology companies accelerate the release of chatbots and other artificial intelligence-based tools to the public, a US Senator is demanding answers about how they intend to protect kids from harm.

Chatbots’ ‘alarming’ output prompts US senator to query tech giants on safety

(Feb 7): OpenAI has stunned the world of techies and investors with its viral artificial intelligence products and its jaw-dropping US$10 billion in backing from Microsoft Corp. Now, a growing number of large and small companies are racing to try to overtake the startup in the suddenly hot world ...

OpenAI is drawing competition from fleet of startups

Microsoft Corp said revenue growth in its Azure cloud-computing business will decelerate in the current period, and warned of further slowdown in corporate software sales, fuelling concern about a steeper decline in demand for the products that have driven its momentum in recent years.

Microsoft erases gains after saying Azure growth will decelerate

Microsoft Corp is investing US$10 billion (RM43 billion) in OpenAI, whose artificial intelligence tool ChatGPT has lit up the internet since its introduction in November, amassing more than a million users within days and touching off a fresh debate over the role of AI in the workplace.

Microsoft invests US$10b in ChatGPT maker OpenAI

(Jan 18): Microsoft Corp said it plans to cut 10,000 jobs, or about 5% of its workforce, taking steps to cope with an increasingly bleak outlook that has now bruised many of the technology industry’s biggest names.

Microsoft plans 10,000 job cuts, will take US$1.2 bil charge

Microsoft Corp, the world’s largest software maker, has launched what could be its largest everstock-repurchase program of as much as  US$60 billion, at a time when lawmakers are considering a tax on buybacks.

The company’s recent resurgence has given it a market value north of US$2.2 trillion, making it the second-most valuable publicly traded company after a 35% rise in its shares over 2021. Its previous buyback plan, unveiled in September 2019, was for US$40 billion.

Microsoft plans to buy back up to US$60 billion in stock

Kenanga Research projects  CY23F FBM KLCI earnings to contract by 1.2%

Australia raises minimum wage by 5.75% as living costs surge

HLIB Research says Velesto's valuations have become inflated

Malaysia's corporate profits disappoint on slowing demand, with little help from China reopening

Elon Musk is accused of insider trading by investors in Dogecoin lawsuit

Russia accuses US intelligence of hacking thousands of iPhones

Apple plans major retail push with new stores across China, US

Wall Street rises on hopes of Fed pausing hikes, debt ceiling deal cheer

Global equities rise, U.S. yields fall after debt ceiling bill advances

Biden trips and falls during graduation ceremony, recovers quickly

Panasonic Malaysia, Affin Hwang Investment, Velesto Energy, Green Packet, Top Builders Capital, Star Media, Citaglobal, AME Elite, SCIB, UP, Meta Bright, Top Builders, Kimlun and Synergy House

Dina Bass

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Dina Bass

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