In a strategic pivot, Inflection AI, once recognized for innovative advancements in artificial intelligence, is now setting its sights firmly on the enterprise tools market. This transformation comes in response to a significant partnership with Microsoft, which has reshaped Inflection’s business focus toward practical solutions aimed at enhancing enterprise functionalities. Historically, Inflection AI made headlines […]
Microsoft Introduces Correction Tool to Tackle AI Hallucinations, Amid Criticism
Microsoft has recently rolled out a new service named Correction, designed to address a major challenge in artificial intelligence (AI): the phenomenon known as hallucinations. In this context, hallucinations refer to instances when AI systems generate false or misleading information, which can lead to significant trust issues among users. The Correction tool aims to enhance […]
Three Mile Island Plant Set for Restart Amid New Deal
The Three Mile Island nuclear power plant, known for its infamous accident in 1979, is gearing up for a restart after being dormant since 2019 due to operational issues. The revival is being facilitated by a significant agreement between Microsoft and Constellation Energy. This deal has not only reinvigorated the plant’s prospects but also sparked […]
Microsoft's Bold Leap into Nuclear Energy for Data Centres
In an era where energy demands are surging, Microsoft is making significant strides toward sustainability by signing a landmark 20-year deal to power its data centres using nuclear energy. This agreement involves a partnership with the Three Mile Island energy plant, which has been notorious for the nuclear accident of 1979. However, the plant’s upcoming […]
Microsoft and G42 Establish AI Hubs in Abu Dhabi: A New Era for Artificial Intelligence
The landscape of artificial intelligence (AI) is rapidly evolving, and the United Arab Emirates (UAE) is positioning itself as a significant player in this global revolution. Recently, Microsoft partnered with G42 to establish two new AI hubs in Abu Dhabi, a move that underscores the UAE’s commitment to becoming a leader in AI technologies. These […]
BlackRock and Microsoft Plan $30 Billion AI Infrastructure Investment
In a significant move towards bolstering artificial intelligence capabilities, BlackRock and Microsoft have unveiled plans to establish a groundbreaking investment partnership valued at over $30 billion. This initiative, known as the Global AI Infrastructure Investment Partnership, will focus on creating the essential infrastructure needed to support the escalating demand for AI technologies across the globe. […]
Microsoft Increases Dividend as AI Spending Rises
In a strategic maneuver reflecting positive forecasts and robust capital investments, Microsoft has recently announced a significant increase in its quarterly dividend and initiated a substantial share buyback program. The technology behemoth has raised its quarterly dividend to $0.83 per share, indicating a remarkable 10% increase, a move that underscores its confidence in current and […]
Microsoft Proposes Shift in Cybersecurity by Eliminating Kernel-Level Access
In a significant move that could reshape the cybersecurity landscape, Microsoft has embarked on a new strategy aimed at eliminating the necessity for cybersecurity firms to utilize kernel-level access. This initiative comes in the wake of recent global IT disruptions primarily linked to a flawed update from the cybersecurity firm CrowdStrike. As reliance on kernel […]
Microsoft Hosts Cybersecurity Summit Amidst Global IT Outage
Microsoft recently announced a cybersecurity summit to address growing concerns following a significant global IT outage attributed to a faulty software update from security provider CrowdStrike. This incident, which occurred in July, notably impacted nearly 8.5 million Windows devices and disrupted operations across various industries, including airlines, banks, and healthcare. The repercussions of the outage […]
UK Regulator Approves Microsoft-Inflection AI Partnership
In a significant development within the artificial intelligence sector, the UK’s Competition and Markets Authority (CMA) has granted approval for Microsoft’s partnership with Inflection AI. This decision comes after a thorough investigation initiated in July, during which the regulator aimed to examine potential competition concerns arising from the collaboration, particularly given both companies’ roles in […]