Recent layoffs and studio closures at the major video game publishers could mark a bottom for video game stocks, analysts say.
Microsoft and Meta face regulatory questions over their artificial-intelligence features, while the market reacts to Applied Materials' earnings.
The European Union has warned Microsoft it could be fined up to 1% of its global annual turnover under the bloc's online governance regime, the Digital Services Act (DSA), after the company failed to respond to a legally binding request for information that focused on its generative AI tools.
Demand for Nvidia's AI chip designs is skyrocketing -- and that should continue. Taiwan Semiconductor builds products for Nvidia and hundreds of other companies.
Microsoft's Mistral partnership avoids merger probe by British regulators
The European Commission on Friday said it had given Microsoft until May 27 to provide information on risks stemming from generative AI features in search engine Bing.
Shares of Reddit rose 14% on Friday, following a partnership with artificial intelligence firm OpenAI that is expected to draw in more users for the social media platform with AI-enhanced experience and attract more advertising revenue.
Microsoft (NASDAQ: MSFT ) stock strengthened its AI presence through acquisitions, top hires, and the release of Copilot, an AI productivity tool. Copilot, which aids in creating presentations and documents, was expanded to cybersecurity, increasing task efficiency by 26% and accuracy for novices by 44%.
OpenAI will have access to Reddit data for training its artificial intelligence models and will put its technology to work on the popular discussion platform, the companies said Thursday.
J Sainsbury PLC (LSE:SBRY) has penned a five-year deal with Microsoft Corp (NASDAQ:MSFT) to incorporate artificial intelligence (AI) into its supermarkets. This will aim to improve store operations, aid staff to work more efficiently and create a more effective service, Sainsbury's said on Friday.
Britain's Sainsbury's said on Friday it has agreed a five-year strategic partnership with Microsoft that will use the technology company's artificial intelligence capabilities and the supermarket group's rich data.
Microsoft said on Thursday it plans to offer its cloud computing customers a platform of AMD artificial intelligence chips that will compete with components made by Nvidia , with details to be given at its Build developer conference next week.