KT Corporation and Microsoft take ‘giant step’ to accelerate AI innovation in Korea

KT Corporation and Microsoft take ‘giant step’ to accelerate AI innovation in Korea

• Five-year, multibillion-dollar strategic partnership to drive AI transformation for more than 650,000 businesses and 17 million consumers across Korea • Korea-customized AI model collaboration, including OpenAI’s GPT-4o through Azure OpenAI Service, to enable emerging AI use cases for different industry verticals • KT and Microsoft collaborate on Korean sovereign cloud solution development and market […]

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Microsoft expands its Global Engineering Development Center’s footprint to the UAE’s capital, Abu Dhabi

The Development Center will support world-class engineering talent in developing cutting-edge solutions that drive innovation and deliver lasting global impact Editor’s note – Sept. 24, 2024 – This release has been updated to indicate this is one of the first engineering centers to be launched in the Arab world. ABU DHABI, United Arab Emirates — […]

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BlackRock, Global Infrastructure Partners, Microsoft and MGX launch new AI partnership to invest in data centers and supporting power infrastructure

$100 billion investment potential will enhance American competitiveness in AI while meeting the growing need for energy infrastructure to power economic growth NEW YORK, REDMOND, WA, AND ABU DHABI — September 17, 2024 – The drive to develop more powerful AI capabilities will require significant infrastructure investment to support it. Today, BlackRock, Global Infrastructure Partners […]

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Another important step in advancing responsible AI to serve the world

Another important step in advancing responsible AI to serve the world

REDMOND, Wash., and ABU DHABI, United Arab Emirates — Sept. 17, 2024 — As Microsoft Corp. and G42 continue to advance our collaboration, we are sharing two significant initiatives to help ensure that AI is used responsibly and serves the world. This work builds on the partnership we jointly announced earlier this year and marks […]

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Microsoft announces quarterly dividend increase and new share repurchase program

Annual shareholders meeting set for Dec. 10, 2024 REDMOND, Wash. — Sept. 16, 2024 — Microsoft Corp. on Monday announced that its board of directors declared a quarterly dividend of $0.83 per share, reflecting an 8 cent or 10% increase over the previous quarter’s dividend. The dividend is payable Dec. 12, 2024, to shareholders of […]

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Palantir and Microsoft Partner to Deliver Enhanced Analytics and AI Services to Classified Networks for Critical National Security Operations

Palantir Technologies Inc. (NYSE: PLTR) and Microsoft Corporation (NASDAQ: MSFT) announce today a significant advancement in their partnership to bring some of the most sophisticated and secure cloud, AI and analytics capabilities to the U.S. Defense and Intelligence Community. This is a first-of-its-kind, integrated suite of technology that will allow critical national security missions to operationalize […]

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Microsoft earnings press release available on Investor Relations website

REDMOND, Wash. — July 30, 2024 — Microsoft Corp. on Tuesday announced that fiscal year 2024 fourth-quarter financial results are available on its Investor Relations website. The direct link to the earnings press release is https://www.microsoft.com/en-us/Investor/earnings/FY-2024-Q4/press-release-webcast. As previously announced, the company will host a conference call at 2:30 p.m. Pacific Time. A live webcast of […]

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Microsoft Cloud strength drives fourth quarter results

REDMOND, Wash. — July 30, 2024 — Microsoft Corp. today announced the following results for the quarter ended June 30, 2024, as compared to the corresponding period of last fiscal year: Revenue was $64.7 billion and increased 15% (up 16% in constant currency) Operating income was $27.9 billion and increased 15% (up 16% in constant […]

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Microsoft collaborates with Mass General Brigham and University of Wisconsin–Madison to further advance AI foundation models for medical imaging

Collaborations empower the healthcare industry to create a vast array of medical imaging copilot applications that will help enhance radiologists’ experiences and contribute to better patient outcomes REDMOND, Wash. — July 24, 2024 — Microsoft Corp. on Wednesday announced collaborations with leading academic medical systems Mass General Brigham and the University of Wisconsin School of […]

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Microsoft and Lumen Technologies partner to power the future of AI and enable digital transformation to benefit hundreds of millions of customers

Microsoft and Lumen Technologies partner to power the future of AI and enable digital transformation to benefit hundreds of millions of customers

• Lumen’s Private Connectivity Fabric℠ expands Microsoft’s network capacity and capability to support rising demand on datacenters. • Microsoft Azure to further accelerate Lumen’s enterprise-wide digital transformation and drive AI initiatives across the organization. DENVER and REDMOND, Wash. — JULY 24, 2024 — Today, Lumen Technologies (NYSE: LUMN) and Microsoft Corp. (NASDAQ: MSFT) announced a […]

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