The cause of investors’ panic was DeepSeek, an obscure Chinese hedge fund turned AI startup that has blown analysts away with ...

Microsoft has earmarked US$80 billion ($128 billion) for AI in its current fiscal year, while Meta has pledged as much as ...

Microsoft anticipates revenue growth in Intelligent Cloud and Productivity, leading to overall organic revenue growth. Click ...

The S&P 500 saw mixed actions as Microsoft and Nvidia faced declines, while Meta and Tesla enjoyed gains. Microsoft's cloud forecast disappointed investors, contrasting with Tesla's positive future ...

Microsoft said its cloud-computing business will continue to grow slowly in the current quarter as the company struggles to ...

While Meta surges on AI success despite DeepSeek concerns, Microsoft stumbles on cloud growth. How are these tech giants betting billions on AI's future?

Stocks are ticking higher on Wall Street following a rush of profit reports from some of the country’s most influential ...

The company reported revenue of $69.6 billion and earnings of $3.23 per share, compared to the consensus estimates of $68.8 billion and $3.11, respectively.

The chief executives of Microsoft and Meta defended their hefty investments on artificial intelligence, days after Chinese ...

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 ...

CEO acknowledges efficiency of DeepSeek, and need to assess model optimisation rather than just buying more AI servers.

Microsoft's AI business now generates $13B annually in revenue, up 175% YoY. Despite strong earnings, weak cloud forecasts sent shares down.