Tuesday, 25 July 2023

Microsoft Ramps Up Spending to Meet AI Demand as Quarterly Revenue Rises to $56.2 Billion

Microsoft on Tuesday laid out an aggressive spending plan to meet demand for its new artificial intelligence services after surpassing Wall Street estimates for fiscal fourth-quarter revenue and profit. Costs rose sharply as Microsoft built new data centers to support AI, and Chief Financial Officer Amy Hood said on a conference call with analysts the company's capita...

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AI-Powered iOS 18 Could Be the Biggest Update in Apple's History: Report

Apple will introduce its newest iPhone 16 lineup, expected to be packed with Generative AI features, later this year. The Cupertino, Califor...