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Wedbush's Ives Raises Microsoft Target To $425 On The Back Of 'Game-Changing' AI Monetization, Same Day Redmond Announces Two Custom Chips - Microsoft (NASDAQ:MSFT)

Wedbush raises Microsoft's price target to $425 due to advancements in AI and the development of custom computing chips, highlighting Microsoft's growing prominence in AI technology.
Kai Fu Lee Sam Altman Microsoft Co Advanced Micro Devices Amazon Web Services Dan Ives

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Microsoft introduces its own chips for AI, with eye on cost, Telecom News, ET Telecom

At its Ignite developer conference in Seattle, Microsoft introduced a new chip, called Maia, to speed up AI computing tasks and provide a foundation for its $30-a-month "Copilot" service for business software users, as well as for developers who want to make custom AI services.
United States Scott Guthrie Ben Bajarin Rani Borkar Reutersby Stephen Nellis Arm Holdings

Business News | Xoriant CloudIO Accelerator Now Available in AWS Marketplace

Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India]/Sunnyvale (California) [US], November 16: Xoriant announced the availability of its CloudIO Accelerator in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS). Xoriant customers can now take advantage of this accelerator powered by AWS. Enterprises across domains...
United States Navneet Taneja Krishna Yadamakanti Tier Services Partner Amazon Web Services Head Of Information Technology At Visby

Microsoft Unveils Custom Computing Chips Maia, Cobalt to Accelerate AI Services

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