Microsoft is offering voluntary retirement buyouts to thousands of employees in the United States, marking the first programme of this scale in the company's history as it looks to manage costs while ramping up investment in artificial intelligence. Around 7% of Microsoft's US workforce will be eligible for the offer, according to reports from Bloomberg and CNBC.
Microsoft's $18B Australia AI push boosts its long-term outlook, but ETFs with MSFT exposure may offer a smarter, diversified way to tap the growth story.
Microsoft is offering voluntary retirement buyouts for the first time in its 51-year history, per reports from CNBC and Bloomberg.
With its shares in a slump, Microsoft must show its own AI efforts are paying off.
Microsoft considered buying Cursor before SpaceX's $60 billion deal, but ultimately chose not to pursue a bid, as per reports.
Under Microsoft's "largest ever" investment in Australia, the tech giant is set to partner with Canberra on initiatives spanning cybersecurity, workforce upskilling, and AI development. The new investment builds on a previous A$5 billion commitment announced in October 2023.
Microsoft will invest $18 billion in cloud and artificial-intelligence infrastructure in Australia by the end of 2029, marking its largest ever investment in the country.
Microsoft looked at buying artificial intelligence coding startup Cursor in recent weeks but didn't make an offer, CNBC has learned. On Tuesday, SpaceX said it's obtained the right to acquire Cursor for $60 billion.
Microsoft said on Thursday that it will invest A$25 billion ($17.9 billion) in Australia by the end of 2029 to boost artificial intelligence capacity in the nation.
Microsoft is working with Anthropic and other partners through Project Glasswing to test Claude Mythos Preview, the company said in a Wednesday (April 22) blog post. Through this initiative, Microsoft aims to identify vulnerabilities earlier, mitigate them and coordinate a defensive response, according to the post.
LinkedIn COO Daniel Shapero is the company's new CEO, reporting to Ryan Roslansky, who oversees LinkedIn and Microsoft Office.
Microsoft said on Wednesday it plans to embed advanced artificial intelligence models, including Anthropic's Claude Mythos Preview, into its secure coding framework, as the company steps up its cybersecurity capabilities.