Microsoft CFO says OpenAI investment will cut into profit this quarter
Microsoft's massive investment in OpenAI is weighing on earnings.
Amy Hood in asian news
Microsoft hires former GE CFO Carolina Dybeck Happe as new operating chief
Microsoft told employees on Thursday that it has hired Carolina Dybeck Happe as its executive vice president and chief operations officer, reporting to CEO Satya Nadella. Dybeck Happe comes from GE, where she was senior vice president and chief financial officer from 2020 until September 2023.
Nvidia shares soar 13% after Microsoft quells fears that AI buildout is too fast
Nvidia shares popped 13% Wednesday after remarks from top customer Microsoft and rival chipmaker AMD signaled there wouldn't be a slowdown in the multibillion-dollar buildout of AI servers based around GPUs.
Microsoft set to unveil its vision for AI PCs at Build developer conference
Microsoft's Build developer conference kicks off on Tuesday, giving the company the opportunity to showcase its latest artificial intelligence projects, following high-profile events this month hosted by OpenAI and Google.
Microsoft executive emails hacked by Russian intelligence group, company says
Microsoft said in a Friday regulatory filing that a Russian intelligence group accessed some of the software maker's top executives' email accounts. Nobelium, the same group that breached government supplier SolarWinds in 2020, carried out the attack, which Microsoft detected last week, according to the company.