Microsoft Financial News

Nvidia's shares surged last month, boosted by its quarterly revenue forecast, which exceeded analyst expectations as the artificial intelligence boom fuels demand for its chips. Also, an announcement of a $25 billion share buyback lifted its shares.

Six months after becoming the chief executive officer at Shell PLC, Wael Sawan quietly ended the world’s biggest corporate plan to develop carbon offsets, the environmental projects designed to counteract the warming effects of CO2 emissions.

Galgotias University claims to have garnered one million applications for the academic year 2023, with a significant portion of 6.5 Lakhs coming from CUET applicants. Uttar Pradesh leads the way with more than three lakh applications, closely followed by Delhi and Haryana, each contributing more than one lakh applicants, according to an official release. 

Microsoft will stop packaging its Teams videoconferencing app with its Office software in Europe in an effort to head off antitrust penalties by regulators

digital currency firm co-founded by ChatGPT-founder Sam Altman. France's CNIL watchdog said in July that the legality of the Worldcoin biometric data 'seemed questionable'. «Checks took place at the Worldcoin offices,» a CNIL spokesperson said on Thursday, confirming an earlier Politico report that the checks occurred on Wednesday. Worldcoin officials did not immediately respond to an emailed Reuters request for comment on the CNIL's latest checks. The CNIL spokesperson declined further comment. Worldcoin requires users to provide their iris scans in exchange for a digital ID and, in some countries, in exchange for free cryptocurrency.

Microsoft says it will change the way it sells its Teams videoconferencing service to business customers in Europe in a push to address concerns raised in a European Union antitrust investigation. The software giant said Thursday that it plans to offer business customers the chance to buy a lower-priced version of its productivity suites that doesn’t include the videoconferencing app. New customers would still have the option of purchasing Teams separately if they want the service.

Microsoft will stop packaging its Teams videoconferencing app with its Office software in Europe in an effort to head off antitrust penalties by regulators

Google is gearing up to unveil its highly anticipated Pixel 8 lineup on October 4. The announcement event, scheduled for 10 a.m. ET in the bustling city of New York, will introduce the latest additions to the company's Pixel line-up of devices. This invitation-only event is expected to provide a first glimpse into the Pixel 8 and Pixel 8 Pro, the latest iterations in Google's smartphone series. Google will be live-streaming the event on YouTube The buzz surrounding the Pixel 8 has been building, especially after a recent accidental (or perhaps not so accidental) leak of the Pixel 8 Pro. Coincidentally, Apple's annual September event is also in the spotlight, where the iPhone 15 line-up is expected to launch.

China's Baidu rolled out its ChatGPT rival ERNIE Bot to the public on Thursday, in a major leap for the country's tech sector as it aims to cash in on the global artificial intelligence gold rush. The Chinese government introduced fresh regulations this month for AI developers, aiming to allow them to stay in the race with the likes of Microsoft and OpenAI but still tightly controlling information online. ERNIE Bot is the first domestic AI app to be fully available to the public in China.

NEW DELHI : Google on Thursday announced an India-tuned version of its generative artificial intelligence (AI)-powered version of its primary product, Search. The platform, which will be available as a pilot to select users, will offer a chatbot-like experience—instead of the typical search bar that has been synonymous with the search engine so far. The India-specific version of Google’s AI-powered Search, called Search Generative Experience (SGE), will offer users the ability to search in English and Hindi, and also offer both voice readouts of search results, and voice inputs for search queries.

NEW DELHI : OpenAI, the US-based artificial-intelligence (AI) research firm, has fired its latest salvo towards seeking to monetize its widely popular chatbot, ChatGPT, by launching ChatGPT Enterprise. Through the latter, OpenAI seeks to address one key concern that enterprises and analysts have raised over time—that of ChatGPT using business data to train their large language models (LLMs).

Nvidia Corp's soaring rally has thrilled investors this year — except for the sizeable number of fund managers who avoided what they believe to be an expensive stock. Shares of the semiconductor company — whose chips power generative AI apps such as ChatGPT — have more than tripled this year in a rally fueled by excitement over the prospects for artificial intelligence. Yet many funds hold less of the stock in their portfolios compared with Nvidia's weight in key equity indexes, making it tougher for them to beat their benchmarks. Across nearly 330 mutual funds benchmarked to the S&P 500 or a similar index, only 15% held an above-index weight in Nvidia, according to a Morningstar analysis of the funds' most recent regulatory filings.

Google has once again somehow leaked its upcoming flagship smartphone, the Pixel 8 Pro, and that too on its own website. The leak occurred on the Google Store website and on the same day that Apple announced its September launch event. The image showed a person using a porcelain colour variant of the Pixel 8 Pro, confirming previous leaks and renderimages. This image was initially spotted by @Android_Setting on X (Twitter), shedding light on the eagerly awaited device. The leaked image not only gave a clear view of the Pixel 8 Pro but also subtly hinted at another potential surprise — the Pixel Watch 2. Although Google promptly removed the image, by then people had already captured the evidence. The image displayed a person answering a call on what was presumably the Pixel 8 Pro.

Bing Chat completely accessible for users on Google Chrome desktop browsers. This development follows the recent release of Bing Chat on Chrome and Safari mobile platforms. Previously restricted to Microsoft's Edge browser, Bing Chat can now be accessed on Google Chrome for Windows, macOS, and Linux operating systems.

ChatGPT became a big success. Big tech companies such as Microsoft, Google and Meta have upped their investments in AI, and companies across sectors are preparing for an AI disruption. For India's information technology (IT) services companies, this has two implications.

ChatGPT took the world by storm last year, the internet has been littered with predictions of just how disruptive “generative" artificial intelligence (AI) will be. “Entire industries will reorient around it," enthused Bill Gates in a blog post earlier this year, in which he declared the technology to be as disruptive as the internet and the microprocessor. From media and education to law and health care, vast areas of human endeavour are expected to be turned upside down.

OpenAI is on track to generate more than $1 billion in revenue over the next 12 months from the sale of artificial intelligence software and computing capacity that powers it, the Information reported on Tuesday. Earlier, the ChatGPT maker projected $200 million in revenue for this year.

OpenAI, the ChatGPT creator it has backed with billions of dollars. Both companies already sell access to the latest AI technology behind the popular ChatGPT bot, but Google’s launch on Tuesday puts it ahead of Microsoft in making AI-powered office software easily available for all customers. Google also used the event to showcase customer uses of its technology, including a planned GE Appliances app that uses Google’s AI models to create recipes based on the food in a customer’s fridge.

OpenAI announced the launch of ChatGPT Enterprise, a business-oriented iteration of its widely acclaimed artificial intelligence system. This move comes as ChatGPT has faced a decrease in user engagement nine months after its groundbreaking introduction. OpenAI's latest offering, ChatGPT Enterprise, will provide business users with an upgraded version of the chatbot, featuring robust security and privacy enhancements, building upon the lessons learned from its previous versions, as detailed in their recent blog post.

Alphabet’s (NASDAQ:GOOGL) Google is finally stepping into the realm of AI technology sales in a bid to catch up in the highly lucrative cloud software market.

Google and Meta take the lead in offering more attractive compensation packages to their engineers compared to their counterparts. The recently revealed data from Blind sheds light on the earnings of engineers at these tech giants and highlights the differences in their remuneration. In an interesting pattern —engineers at Google and Meta seem to enjoy higher compensation than their counterparts at Apple, Amazon, or Microsoft.