Microsoft to pump $80 billion into AI data centers by 2025
WEB DESK: Microsoft said it would invest around $80 billion in fiscal 2025 to expand its data center infrastructure, a significant investment that will further help develop artificial intelligence models and deploy AI and cloud-based applications, the company said in a blog post on Friday. That spike in AI-related investments
Nvidia’s market value gets $2 trillion boost in 2024 on AI rally
REUTERS: Nvidia Corporation achieved a remarkable feat in 2024, emerging as the global leader in market capitalisation growth, fueled by unprecedented demand for artificial intelligence (AI) technology and its cutting-edge AI-focused chips. The semiconductor giant’s market valuation skyrocketed by over $2 trillion, closing the year at an astonishing $3.28 trillion—up
Billionaire CEO Lisa Su holds meetings on weekends, demands work after midnight
CEO of Advanced Micro Devices (AMD), Lisa Su reportedly holds weekend meetings and frequently communicates with employees late at night, expecting responses even after midnight.
Avatars no more: Microsoft ends Xbox Avatar editor in 2025
Xbox is ending support for one of its oldest personalization features, the Xbox Avatars, by January 9, 2025. The gaming giant announced the decision to shut down the Xbox Avatar Editor app, citing “low engagement” as the reason behind the move. Introduced in 2008 during the Xbox 360 era, Avatars
“If you go against Tesla, I’ll erase you”, Elon Musk warns Bill Gates
Elon Musk, founder of Tesla, has threatened Microsoft co-founder Bill Gates with buying and selling Tesla shares if Gates takes action against Tesla. Moreover, this type of buying and selling of shares is known as short selling, a term Gates has used previously. Musk warned Gates that if he takes
EU ministers approve landmark AI law
WEB DEKS: European Union (EU) ministers have signed off on a groundbreaking law that establishes regulations for the use of artificial intelligence (AI) in sensitive sectors and situations. Under the law, AI systems utilised in areas such as law enforcement and employment must demonstrate transparency, accuracy, and compliance with cybersecurity
