Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Microsoft and Meta defended massive spending that ...

US tech CEOs are scrambling to justify mega spending on developing AI after China's DeepSeek undercut for similar ...

The Windows maker’s revenue rose 12% year-on-year to $69.6 billion in Q2 FY25, with net profit surging 10% to $24.1 billion.

Microsoft shares fell in Europe on Thursday after it issued a downbeat forecast for its cloud business, while Facebook parent ...

Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in ...

DeepSeek’s success initially rattled investors’ assumptions about the AI spending wave that has swept through Silicon Valley ...

Microsoft reported that its flagship cloud computing business experienced a slowdown in growth amid constraints on data ...

Microsoft reported fiscal second-quarter Intelligent Cloud revenue that missed analysts’ expectations, dragging shares lower after the bell Wednesday.

Microsoft is a key backer of OpenAI and it has committed to spending $80 billion on AI infrastructure this year in order to ...

Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it ...

Lam Research issued better-than-expected guidance for the current quarter. For its current quarter, the maker of equipment for semiconductor manufacturing forecast per-share earnings between 90 cents ...

Microsoft MSFT.O has made Chinese startup DeepSeek's R1 artificial intelligence model available on its Azure cloud computing ...