Microsoft
Recent News About Microsoft
-
ServiceNow and Microsoft expand alliance, enhancing AI capabilities
ServiceNow (NYSE: NOW) and Microsoft Corp. (NASDAQ: MSFT) announced an expanded strategic alliance at ServiceNow’s annual customer and partner event, Knowledge 2024. The companies are combining their generative AI capabilities to enhance employee choice and flexibility. The integration of ServiceNow's Now Assist and Microsoft's Copilot brings together two generative AI assistants into one seamless enterprise experience, aiming to create value for enterprise workers and unlock new productivity avenues.
-
Microsoft and LinkedIn release the 2024 Work Trend Index on the state of AI at work
Microsoft and LinkedIn released the 2024 Work Trend Index on the state of AI at work on May 8, 2024. The report, titled "AI at work is here. Now comes the hard part," is based on a survey of 31,000 people across 31 countries, labor and hiring trends on LinkedIn, and trillions of Microsoft 365 productivity signals, among other research sources. The study reveals the significant impact of AI on the global workforce and the challenges faced by leaders in harnessing its potential for business success.
-
Investing in the environment
Microsoft today announced a broad investment package designed to strengthen the role of Southeast Wisconsin as a hub for AI-powered economic activity, innovation, and job creation. These investments include "$3.3B in cloud computing and AI infrastructure, the creation of the country’s first manufacturing-focused AI co-innovation lab, and an AI skilling initiative to equip more than 100,000 of the state’s residents with essential AI skills." President Joe Biden will join Microsoft President Brad Smith at Gateway Technical College to announce the new investment.
-
Axel Springer and Microsoft Announce Expanded Partnership Across Advertising, AI, Content, and Azure Services
Axel Springer SE and Microsoft Corp. have come together in an expanded partnership that encompasses advertising, AI, content, and cloud computing. This collaboration is set to bring cutting-edge innovation to the world of independent journalism. Mathias Döpfner, CEO of Axel Springer, emphasized the importance of partnerships in the age of AI, stating, “In this new era of AI, partnerships are critical to preserving and promoting independent journalism while ensuring a thriving media landscape.”Satya Nadella, chairman and CEO of Microsoft, highlighted the transformative...
-
The Estée Lauder Companies and Microsoft Collaborate to Enhance Beauty Industry with AI
NEW YORK and REDMOND, Wash. — April 26, 2024 — The Estée Lauder Companies (ELC) and Microsoft Corp. have unveiled plans for an AI Innovation Lab aimed at revolutionizing the beauty industry with advanced generative AI technology. The collaboration seeks to bolster consumer connections, accelerate product launches, and amplify local relevancy across ELC's portfolio of over 20 prestige beauty brands.Jane Lauder, EVP, Enterprise Marketing, and chief data officer at The Estée Lauder Companies, emphasized the significance of technology in enhancing consumer experiences,...
-
Microsoft Corp. Releases Fiscal Year 2024 Third-Quarter Financial Results
Microsoft Corp. has made public its fiscal year 2024 third-quarter financial results, which are now accessible on its Investor Relations website. The direct link to the earnings press release can be found at https://www.microsoft.com/en-us/Investor/earnings/FY-2024-Q3/press-release-webcast.This announcement was made on Thursday, April 25, 2024, with Microsoft encouraging investors and interested parties to review the detailed information provided in the released report.As the company continues to navigate through the fiscal year, the availability of these financial...
-
Microsoft Cloud Strength Propels Record Third Quarter Results
Microsoft Corp. today announced impressive financial results for the quarter ended March 31, 2024, showcasing significant growth compared to the same period in the previous fiscal year. With revenue reaching $61.9 billion and a notable increase in operating income, net income, and diluted earnings per share, the tech giant's performance reflects the strength of its cloud services.Satya Nadella, chairman and chief executive officer of Microsoft, highlighted the transformative power of Microsoft Copilot and Copilot stack in driving AI advancements, stating, "Microsoft...
-
The Coca-Cola Company and Microsoft Announce $1.1 Billion Strategic Partnership for Cloud and AI Initiatives
The Coca-Cola Company and Microsoft have entered into a five-year strategic partnership to accelerate cloud and generative AI initiatives. In a joint announcement, the companies revealed that Coca-Cola has committed $1.1 billion to the Microsoft Cloud and its generative AI capabilities. Judson Althoff, executive vice president and chief commercial officer at Microsoft, expressed pride in the progress made through the partnership, stating, "We are proud to support Coca-Cola as it continues to embrace the era of AI and looks to solutions like Azure OpenAI Service and Copilot...
-
Cognizant and Microsoft Join Forces to Expand Generative AI Adoption
Cognizant and Microsoft have announced a global partnership aimed at expanding the adoption of generative AI in the enterprise and driving industry transformation. The partnership will leverage Microsoft Copilot and Cognizant’s advisory and digital transformation services to help employees and enterprise customers operationalize generative AI and realize strategic business transformation.Cognizant's CEO, Ravi Kumar S, highlighted the potential of generative AI, stating, "Generative AI can be a game-changer for virtually every business in every industry, opening up new...
-
Microsoft Invests $1.5 Billion in G42 to Accelerate AI Development and Global Expansion
G42, the leading UAE-based artificial intelligence (AI) technology holding company, and Microsoft Corp. today announced a $1.5 billion strategic investment by Microsoft in G42. The investment will strengthen the collaboration between the two companies on bringing the latest Microsoft AI technologies and skilling initiatives to the UAE and other countries around the world. As part of this expanded partnership, Brad Smith, Vice Chair and President of Microsoft, will join the G42 Board of Directors.H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of G42, expressed,...
-
Microsoft Announces Quarterly Earnings Release Date
Microsoft Corp. has announced that it will be releasing its fiscal year 2024 third-quarter financial results on Thursday, April 25, 2024. The information will be available after the market closes on the Microsoft Investor Relations website at https://www.microsoft.com/en-us/Investor/.In addition to the financial results, Microsoft Corp. will also be hosting a live webcast of the earnings conference call. The webcast is scheduled to begin at 2:30 p.m. Pacific Time on the same day.Investors and stakeholders who are interested in Microsoft's financial performance are...
-
Cloud Software Group and Microsoft Ink Eight-Year Partnership to Enhance Cloud Solutions and AI Innovations
Cloud Software Group Inc. and Microsoft Corp. have announced an eight-year strategic partnership aimed at enhancing cloud solutions and generative AI capabilities for over 100 million users globally. The collaboration will focus on strengthening the go-to-market collaboration for the Citrix virtual application and desktop platform, as well as developing new cloud and AI solutions with an integrated product roadmap.Sridhar Mullapudi, General Manager at Citrix, highlighted the importance of empowering employees with secure and innovative solutions for enhanced productivity...