Microsoft News on The Federal Newswire

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Recent News About Microsoft

  • REDMOND, Wash., and ABU DHABI, United Arab Emirates — Sept. 17, 2024 — Microsoft Corp. and G42 have announced two significant initiatives aimed at promoting the responsible use of artificial intelligence (AI). This collaboration builds on a partnership initiated earlier this year, with more developments expected in the coming months.


  • NEW YORK, REDMOND, WA, AND ABU DHABI — September 17, 2024 – The drive to develop more powerful AI capabilities will require significant infrastructure investment. Today, BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX announced the Global AI Infrastructure Investment Partnership (GAIIP) to invest in new and expanded data centers to meet growing demand for computing power and energy infrastructure. These investments will be primarily in the United States and partner countries.


  • Microsoft Corp. on Monday announced that its board of directors declared a quarterly dividend of $0.83 per share, reflecting an 8 cent or 10% increase over the previous quarter’s dividend. The dividend is payable Dec. 12, 2024, to shareholders of record on Nov. 21, 2024. The ex-dividend date will be Nov. 21, 2024.


  • Palantir Technologies Inc. (NYSE: PLTR) and Microsoft Corporation (NASDAQ: MSFT) announced today a significant advancement in their partnership to deliver sophisticated and secure cloud, AI, and analytics capabilities to the U.S. Defense and Intelligence Community. This collaboration introduces an integrated suite of technology enabling critical national security missions to operationalize Microsoft's large language models (LLMs) via Azure OpenAI Service within Palantir’s AI Platforms (AIP) in Microsoft's government and classified cloud environments.


  • Microsoft Corp. announced on Tuesday that its fiscal year 2024 fourth-quarter financial results are now available on its Investor Relations website. The earnings press release can be accessed directly at https://www.microsoft.com/en-us/Investor/earnings/FY-2024-Q4/press-release-webcast.


  • Microsoft Corp. announced its financial results for the quarter ended June 30, 2024, reporting a revenue of $64.7 billion, an increase of 15% from the previous year (16% in constant currency). Operating income rose by 15% to $27.9 billion (16% in constant currency), and net income increased by 10% to $22.0 billion (11% in constant currency). Diluted earnings per share were $2.95, up 10% (11% in constant currency).


  • DENVER and REDMOND, Wash. — JULY 24, 2024 — Lumen Technologies (NYSE: LUMN) and Microsoft Corp. (NASDAQ: MSFT) have announced a partnership to leverage the Microsoft Cloud for advancing Lumen’s digital transformation. Additionally, Microsoft has selected Lumen to enhance its network capacity and capability in response to increasing demands on its datacenters driven by AI.


  • Microsoft collaborates with Mass General Brigham and University of Wisconsin–Madison to further advance AI foundation models for medical imaging


  • Microsoft Corp. will publish its fiscal year 2024 fourth-quarter financial results after the market closes on Tuesday, July 30, 2024. The results will be available on the Microsoft Investor Relations website at https://www.microsoft.com/en-us/Investor/. A live webcast of the earnings conference call is scheduled for 2:30 p.m. Pacific Time.


  • AMSTERDAM — June 17, 2024 — On Monday at HLTH Europe, the Trustworthy & Responsible AI Network (TRAIN), a consortium of healthcare leaders, announced its expansion to Europe. The objective is to help organizations in the region operationalize responsible AI through technology-based guardrails. European TRAIN includes Erasmus MC (the Netherlands), HUS Helsinki University Hospital (Finland), Sahlgrenska University Hospital (Sweden), Skåne University Hospital (Sweden), Universita Vita-Salute San Raffaele (Italy), and University Medical Center Utrecht (the Netherlands). Microsoft...


  • Microsoft Corp. on Wednesday announced that its board of directors declared a quarterly dividend of $0.75 per share. The dividend is payable Sept. 12, 2024, to shareholders of record on Aug. 15, 2024. The ex-dividend date will be Aug. 15, 2024.


  • Microsoft to help rural hospitals defend against rising cybersecurity attacks


  • Hitachi Ltd. (TSE:6501) and Microsoft Corp. announced a projected multibillion-dollar collaboration over the next three years aimed at accelerating social innovation with generative AI. This strategic alliance will propel the growth of Hitachi's Lumada business, targeting a revenue of 2.65 trillion yen (18.9 billion USD) in FY2024, while enhancing operational efficiency for Hitachi Group’s 270,000 employees.


  • On May 22, 2024, Microsoft Corp. and G42 announced a significant digital investment initiative in Kenya, marking the largest private-sector digital investment in the country's history. This collaboration involves an initial $1 billion investment, facilitated by G42 with support from various stakeholders, aimed at bolstering economic development across East Africa.


  • 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 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.


  • 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 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...


  • 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. 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...