All articles tagged with #azure
Analysts favor Microsoft over Google in the AI race, citing Microsoft's Azure as the leading AI cloud provider with less downside risk, while expressing concerns about Google's reliance on traditional revenue models being threatened by AI advancements like ChatGPT.
Microsoft's stock dropped over 2% following reports that the company lowered growth targets for AI product sales after salespeople missed their goals, though Microsoft denied reducing sales quotas, citing a misinterpretation of growth versus quotas, amidst broader challenges in AI adoption by traditional businesses.
Microsoft's Q1 earnings exceeded expectations with $4.13 per share and $77.67 billion in revenue, driven by strong cloud growth, especially in Azure, despite a $3.1 billion impact from OpenAI investments. Shares fell 3.2% post-earnings.
Microsoft Azure experienced a significant outage caused by an inadvertent configuration change, affecting its cloud services, including 365, Xbox, and Minecraft, highlighting the fragility of a digital ecosystem heavily reliant on a few major tech companies.
Microsoft's Azure cloud service is recovering from an outage that disrupted services like Microsoft 365, Xbox, and Minecraft, with full recovery expected by 6:20PM ET after initial issues around noon, caused by problems with Azure Front Door.
Microsoft's stock rose near a buy point after reaching a deal that values its stake in OpenAI at $135 billion, with the partnership including a new $250 billion Azure cloud services deal and plans for OpenAI to become a public benefit corporation and potentially publicly traded.
Microsoft's stock has been upgraded to a buy by all major analysts, driven by strong Azure revenue growth and the monetization of AI through its M365 suite, including Copilot, which could boost revenue significantly. The stock is viewed as a safe bet in the AI race, with analysts optimistic about its performance through 2023 and beyond.
Nvidia's strong momentum, driven by major deals like Microsoft's Azure cluster using Nvidia's latest chips, increasing global demand, and strategic partnerships, supports a bullish outlook with a potential stock price target of $250, as analysts revise revenue and earnings estimates upward and valuation multiples are expected to compress favorably.
Microsoft has announced the deployment of its first large-scale AI 'factory' using over 4,600 Nvidia GPUs, with plans to expand globally, highlighting its existing extensive data center infrastructure and readiness to support advanced AI models, amidst competition with OpenAI and Nvidia.
Microsoft Azure has deployed its first major cluster of Nvidia chips, enhancing its cloud computing capabilities with advanced hardware for AI and data processing.
Microsoft has reportedly cut off Israel's access to certain Azure cloud and AI services used for surveillance of Palestinians, following allegations of misuse and violations of terms of service, amid ongoing conflicts and protests against Microsoft's involvement with Israeli military operations.
Microsoft has ceased certain services to the Israel Ministry of Defence after reports that a unit within the IDF was using Azure for mass surveillance of civilians in Gaza and the West Bank, aiming to ensure compliance with its terms of service and prevent misuse for harm. The decision follows an internal review and is seen as a significant step amid ongoing protests and advocacy against military use of technology in the region.
Microsoft has secured a $17.4 billion AI-compute deal with Nebius to boost GPU capacity, support Azure's growth, and mitigate supply chain constraints, which is seen as a positive catalyst for its stock and AI expansion.
Microsoft reported that multiple undersea cables cut in the Red Sea caused increased latency and connectivity issues for Azure cloud clients, affecting traffic in the Middle East, Asia, and Europe. The company is monitoring and optimizing routing while repairs are underway, and other regions like India and Pakistan also experienced degraded internet connectivity due to the outages.
Microsoft Azure's cloud services experienced delays due to undersea cable cuts in the Red Sea, affecting internet traffic in the Middle East and parts of Asia, with rerouted traffic mitigating some impacts. The cause of the damage remains unclear, but such incidents highlight vulnerabilities in undersea infrastructure, which have been targeted or damaged in various regions amid geopolitical tensions.