We are fond of companies that generate cash. A lot of cash.
Nebius has surged nearly 500% in the past year, driven by explosive growth, bullish management outlook and the Microsoft deal. The company's market cap of $28 billion is raising valuation concerns. Required growth to justify their current valuation seems very well achievable when breaking down the Microsoft deal.
Microsoft Chairman and CEO Satya Nadella is handing off some duties related to the company's commercial business so that he and the firm's engineering leaders can be “laser focused” on technical work related to artificial intelligence.
Judson Althoff, Microsoft's top sales leader, is becoming CEO of the company's commercial business. Althoff joined from Oracle as president of North America in 2013.
CNBC's Steve Kovach reports on Microsoft's recent executive shakeups.
Microsoft on Wednesday unveiled a 365 Premium subscription plan for individuals at $19.99 a month with its Copilot artificial intelligence powered assistant.
MSFT's microfluidics breakthrough cools chips three times better than cold plates, boosting AI performance and data center efficiency.
Microsoft's Xbox has raised the price of the highest tier of Game Pass by 50% and expanded its offerings under the videogame subscription service to include more games, enhanced cloud streaming and a revamped rewards system.
Microsoft increased its Xbox Game Pass Ultimate subscription price by 50% to $29.99 per month. Ultimate subscribers will have access to over 400 games and 75 day-one releases.
Microsoft promoted Judson Althoff to CEO of its commercial business, expanding his role. Althoff was Microsoft's longtime sales chief.
MSFT commits $30B in the U.K. to build AI infrastructure, expand local operations and strengthen global competitiveness.
President Donald Trump declared Friday that Microsoft needs to fire Lisa Monaco, the company's president of global affairs.