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Microsoft ( NASDAQ:MSFT ) is seen as one of the few companies that has gone all in on AI, spending tens of billions in capex and to integrate it across its products and services.
Microsoft (MSFT) is encountering challenges. Even the largest companies are not impervious.
Everyone knows Microsoft Corp. (NASDAQ: MSFT) and its best-known products, including the Windows operating system and Microsoft 365 suite of productivity apps, but its growing cloud computing platform, Azure, is the future of the company.
Microsoft is reshuffling teams to bolster its GitHub software development platform. It's part of a plan to overhaul GitHub to compete with AI coding tools, recent meeting audio shows.
Microsoft said it's interested in building a data center on a site beside a federal highway outside Grand Rapids, Michigan. In December, planning officials postponed a hearing on the development after a large crowd formed, though Microsoft hadn't been named at the time.
MSFT shares are down 9%, but Azure's 40% growth, Copilot's 150 million users, and a cash-rich balance sheet support long-term upside.
Microsoft stock is up 13% in a year, slightly underperforming the broader S&P 500 index, up 18%. Investors are now reassessing the AI-driven growth expectations.
Meta said Tuesday that it hired former Microsoft legal executive Curtis Joseph Mahoney to become its chief legal officer. Mahoney will replace Meta's previous head lawyer Jennifer Newstead, who announced in December that she would be leaving Meta to become Apple's general counsel in March.
Meta Platforms said on Tuesday it has appointed C.J. Mahoney, a seasoned legal executive with a career in both the technology sector and U.S. government, as its new chief legal officer.
Microsoft (MSFT) possesses solid growth attributes, which could help it handily outperform the market.
The U.S. Midwest grid has teamed up with Microsoft , it said on Tuesday, in the latest instance of Big Tech turning to collaboration to help ensure the massive amounts of electricity needed for artificial intelligence are available.