Posts

Showing posts with the label Enterprise

Here’s everything Microsoft announced at its Surface and Copilot event in New York

Image
[ad_1] Microsoft Surface Laptop and Tablets Courtesy: Microsoft Microsoft on Thursday unveiled new Surface computers and shared details on the release of this year's version of Windows 11, including its embedded Copilot AI assistant, during an event in New York. The company introduced the Surface Laptop Studio 2 and the Surface Laptop Go 3, and unveiled enterprise availability for Microsoft 365 Copilot, its supplemental AI tool for core productivity apps like Word and Excel. Microsoft CEO Satya Nadella began the event by speaking about how the company's Copilot AI tools will make a broad impact across its user base for consumers and enterprises. "I mean, it's crazy," he said. "It's kind of like the 90s are back. It's exciting to be in a place where we're bringing some software innovation and really having fun enjoying this entire journey." Rivals such as Atlassian , Google and Salesforce have also been racing to update their existing...

Google says Microsoft offered to sell Bing to Apple in 2018, but search-quality issues got in the way

Image
[ad_1] Apple CEO Tim Cook, left, and Eddy Cue, Apple's senior vice president of services attend the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 10, 2019. Patrick T. Fallon | Bloomberg | Getty Images Microsoft offered to sell its Bing search engine to Apple in 2018, Google said in a court filing earlier this month. The document, from Google's antitrust case against the U.S. Justice Department, was unsealed on Friday. The legal battle over whether Alphabet has a monopoly in web search advertising touches on key agreements Google has in place with Apple and Android phone makers to ensure exclusivity of its search engine. In 2021, Google spent more than $26 billion to keep its search engine the default, according to a slide shown during the trial in October. Google has been trying to prove in the case that it competes fairly. In the filing earlier this month, Google argued that Microsoft pitched Apple in 2009, 2013, 2015, 2016, 2018 and 2...

Wall Street punishes Alphabet and Microsoft despite earnings beats after stocks hit record

Image
[ad_1] Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Results were good, but not good enough. That's Wall Street's reaction to quarterly results on Tuesday from Alphabet and Microsoft . Both companies reported revenue and earnings that exceeded estimates, yet the stocks sold off in extended trading. In investor speak, the stocks were priced for perfection. Alphabet shares are up 56% for the year and climbed to a fresh high last week, exceeding the prior record from late 2021, the peak of the tech boom. Microsoft is up 70% over the past 12 months, also reaching a fresh high recently and surpassing Apple as the most valuable publicly traded company. The companies generated excitement last year by riding the artificial intelligence wave, and were also lauded by shareholders for their dramatic cost-cutting efforts, which included ...

Neuralink competitor Science launches new platform to accelerate medical device innovation

Image
[ad_1] A Science employee at work in the lab. Courtesy: Science Corporation Biotechnology startup and Neuralink competitor Science on Monday launched a new platform that aims to make it easier for other companies to quickly develop and produce medical devices.  The platform, called Science Foundry, allows companies to utilize and build upon Science's internal infrastructure by offering access to more than 80 of its tools and services, like the company's thin-film electrode technologies. The cost of the technology required to develop medical devices is often "prohibitive" for early-stage startups, Science Co-Founder and CEO Max Hodak told CNBC in an interview. Individual tools can cost anywhere from $200,000 to $2 million, and Hodak said companies could easily spend hundreds of millions building a manufacturing line.  For many startups, that cost is too much to bear, but Hodak is hoping Science Foundry can help. "Hopefully, we bring down the barriers to innov...

Amazon CEO explains how the company will compete against Microsoft, Google in AI race

Image
[ad_1] Amazon CEO Andy Jassy doesn't believe the retail and cloud computing giant should be counted out of the artificial intelligence race just yet. In a wide-ranging interview with CNBC, Jassy challenged the notion that Amazon has fallen behind in AI as Microsoft and Google add chatbots to consumer products like their search engines, likening it to the "hype cycle" before the "substance cycle." "I think most people are focused on the applications, you know, things like ChatGPT brought everybody's awareness up, but I think of generative AI as having three macro layers," Jassy told Jon Fortt in an interview that aired on "Closing Bell Overtime" late Thursday. "I think they're all really big and important." Jassy has said Amazon intends to invest in AI across the company, and that AI programs have the potential to improve "virtually every customer experience." But he specifically pointed to Amazon Web Servi...