Data center operator DataBank has raised $250 million in an equity investment and an additional $600 million in a secondary share sale.
Microsoft said its cloud-computing business will continue to grow slowly in the current quarter as the company struggles to ...
Microsoft (MSFT) reported its second-quarter (Q2) fiscal 2025 financial results on Jan. 29, which exceeded market expectations for revenue and earnings per share (EPS). The technology giant’s top line ...
Following the recent $500bn "Stargate" data center initiative announced by OpenAI, Microsoft is no longer the AI company's exclusive cloud provider though retains the "right of first refusal (ROFR)" ...
Fresh on the heels of a controversy in which ChatGPT maker OpenAI accused the Chinese company behind DeepSeek R1 of using its AI model outputs against its terms of service, OpenAI's largest investor ...
Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in ...
Microsoft Corp. investors focused on the company's disappointing revenue of its Azure cloud business on Wednesday, but they should also be looking at another number indicative of future growth: ...
Microsoft reported that its flagship cloud computing business experienced a slowdown in growth amid constraints on data ...
Microsoft on Wednesday forecast disappointing growth in its Azure cloud computing business, sending its shares down more than ...
Microsoft said that its capital expenditures soared in its fiscal second quarter $22.6 billion, up 96% from $11.5 billion a year ago, to support the demand in its cloud and AI offerings. In its slides ...