Dow Jones futures fell Sunday night, along with S&P 500 futures and especially Nasdaq futures, amid concerns over AI progress from China's DeepSeek. Nvidia, Broadcom, Meta and several other AI-related stocks were indicated lower overnight.
Microsoft is creating a new engineering division, led by the former global head of engineering at Facebook (now Meta), that will be responsible for building fundamental AI technologies and tools for the company.
The Core AI group, run by Jay Parikh, will focus on AI, and AI agents in particular. Satya Nadella sees this technology as transforming applications.
Other analysts seem to agree. Out of 58 analysts that cover the stock on Wall Street, 39 rate it a "buy" and 14 rate it a "strong buy," according to Yahoo! Finance. The software giant is preparing to spend $80 billion on data centers specifically for training, deploying, and operating cloud-based AI applications.
TikTok and President Donald Trump are reportedly in talks with Microsoft and Oracle to buy the social media app.
Microsoft Corp (NASDAQ:MSFT) announced the creation of a new engineering organization called CoreAI—Platform and Tools. This new division will bring together the Dev Div, AI Platform, and some key teams from the Office of the CTO (AI Supercomputer,
Microsoft’s top leaders met with President-elect Trump, Vice President-elect Vance and Elon Musk at Mar-a-Lago on Wednesday, a company spokesperson confirmed to The Hill. Microsoft CEO Satya
Microsoft appointed Jay Parikh, a former Meta executive in charge of infrastructure, as its executive vice president for the new artificial intelligence engineering division.
Microsoft is creating a new engineering group that’s focused on artificial intelligence. Led by former Meta engineering chief Jay Parikh, the new CoreAI – Platform and Tools division will ...
According to Bloomberg, Jay Parikh, previously VP and global head of engineering at Meta, will lead the new division. He’ll report to Microsoft CEO Satya Nadella and oversee groups, including ...
News about large data centers coming to Ohio and the Columbus area seems to never stop, but how many data centers do we have compared to other states?
The second busiest week of earnings season includes four of the Magnificent 7. Chair Powell’s comments will be more important for markets than the Fed's rate decision.