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Microsoft Corp. (NASDAQ: MSFT ) is pushing Copilot beyond a workplace chatbot and into a broader AI platform as it looks to drive new revenue across Microsoft 365 and Azure. The strategy comes as Microsoft ramps up spending on data centers and computing capacity to meet surging AI demand. At the same time, higher Treas
Worldsec Limited reported an unaudited net loss of US$490,000 for the six months ended 30 June 2026, versus a loss of US$97,000 a year earlier. The company also said it appointed Elemental Company Secretary Limited as company secretary in September 2026.
Steve Ballmer, Microsoft’s former CEO, has gained more than $10 billion this year as Microsoft stock rebounded to $513, lifting his net worth to $179 billion.
Big Tech’s defining financial advantage, an abundant cash flow, is colliding with the physical demands of generative AI. Alphabet Inc. (NASDAQ: GOOG ), Amazon.com, Inc. (NASDAQ: AMZN ), Meta Platforms, Inc. (NASDAQ: META ) and Oracle Corp. (NYSE: ORCL ) continue to post strong revenue growth and operating cash flow – y
President Donald Trump, hedge fund billionaire Bill Ackman and entrepreneur Anthony Pompliano criticized New York’s decision to temporarily halt approvals for new large-scale data centers. President Donald Trump ‘s One Big Beautiful Bill Act cost the clean energy, manufacturing and industrial sector $82.8 billion throu
Anthropic may be generating more revenue than OpenAI despite having fewer users, according to IDC estimates.
Anthropic's valuation surpasses OpenAI's, a notable shift in AI sector