In a bold stride towards enhancing its artificial intelligence (AI) capabilities, Microsoft has announced plans to invest a staggering $80 billion in the development of data centers specifically designed to support AI workloads during its fiscal year 2025. This initiative, outlined in a recent company blog post, highlights Microsoft’s commitment to maintaining its leadership in
Enterprise
The recent drop in foreign smartphone sales in China has set off alarm bells for international brands, particularly Apple, the leading foreign vendor in this highly competitive market. Official figures released have revealed that mobile phone shipments from overseas manufacturers plummeted to 3.04 million units in November, marking a staggering decline of 47.4% compared to
As we step into a new era of technological advancement and entrepreneurial spirit, CNBC is calling for groundbreaking submissions for the 2025 Disruptor 50 list. This initiative, now in its thirteenth year, seeks to spotlight the most innovative venture-backed companies that are harnessing cutting-edge technologies to confront urgent economic and consumer challenges. The submission window
As the Chinese New Year approaches, Apple has embarked on a bold promotional strategy, offering substantial discounts on its flagship iPhones and other products. This unexpected shift comes amid fierce competition in the Chinese market, which is not just crucial for Apple’s bottom line but also a battleground for dominance among leading tech companies. The
In an unpredictable financial climate, Tesla, the electric vehicle leader, has had a week filled with ups and downs, mirroring the volatility of the stock market itself. This week, Tesla stocks momentarily plummeted before making a slight recovery, emphasizing the complex and often erratic nature of investor sentiment. By Friday morning, shares had clawed back
In 2024, Bitcoin emerged as the standout asset in the financial market, driven by a series of profound changes and new market instruments. The introduction of exchange-traded funds (ETFs) specifically designed for Bitcoin marked a pivotal moment that significantly broadened access to this digital asset. Investor confidence surged with the anticipation of regulatory reform, particularly
Alibaba, the prominent Chinese tech conglomerate, has recently declared an eye-catching reduction in prices for its large language models (LLMs) – up to an impressive 85%. This announcement, made through a WeChat post by Alibaba Cloud, underscores the company’s ongoing commitment to optimizing its offerings in the highly competitive artificial intelligence (AI) landscape. The specific
The rapid advancement of artificial intelligence (AI) and cloud computing technologies is creating an unprecedented surge in energy demand. Projections from the U.S. Department of Energy indicate that global electricity consumption could escalate by a staggering 75% by 2050. This explosive growth, driven largely by the needs of robust data centers that support AI operations,
In a recent meeting with employees, Google CEO Sundar Pichai delivered a stark message: the upcoming year 2025 holds unprecedented significance for the tech giant. With fierce competition mounting, regulatory scrutiny intensifying, and the rapid acceleration of artificial intelligence (AI) technologies, Pichai emphasized the necessity for swift action to harness new advancements. In a light-hearted
OpenAI, the leading force in artificial intelligence innovation, is at a crossroads. On Friday, the organization announced significant changes intended to transition to a new for-profit model by 2025 while creating a public benefit corporation (PBC) to manage its commercial operations. This shift marks a profound transformation in how the company has traditionally operated. By