Page 3 - Microsoft Corp News Today

The U.S. is opening antitrust investigations into two of the world’s most valuable companies, Microsoft Corp. and Nvidia Corp., over their dominance of the rapidly emerging field of artificial intelligence,

(Bloomberg) -- Snowflake Inc. is trying to get its clients to impose stronger security controls as companies including Advanced Auto Parts Inc. and Live Nation Entertainment Inc. investigate potential data breaches. Most Read from BloombergReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansHere’s Everything Apple Plans to Show at Its AI-Focused WWDC EventBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopPutin’s Wartime Central Banker...

Nvidia shares rose 5.2 percent to close at a record $1,224.40 on June 5, pushing its market value to more than $3 trillion and thus overtaking Apple Inc. in the process.

The shares of the Santa Clara, California-based firm have rallied roughly 147% this year, adding about $1.8 trillion as the insatiable demand for its chips used to power artificial intelligence tasks skyrockets.

(Bloomberg) -- After a fresh torrent of inflows, actively run exchange-traded funds look poised for a record-breaking $260 billion haul this year as investors go beyond traditional benchmarks to ride alternative strategies, from selling options to riding cheap quant trades.Most Read from BloombergBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansVietnam Tycoon Sentenced to Death Faces New Charges:...

/PRNewswire/ -- The global wearables market size is estimated to grow by USD 106.44 billion from 2024-2028, according to Technavio. The market is estimated to...

Touchcast Inc., a startup specializing in caching generative artificial intelligence queries, is set to raise $100 million from venture backers, including Microsoft Corp (NASDAQ:MSFT), an investor in OpenAI. The New York-based company stores and delivers responses for frequently used AI prompts, aiming to reduce computational and energy requirements for models like OpenAI's GPT-4. The initiative seeks to lower costs and enhance deployment efficiency for developers and businesses, according ...

/PRNewswire/ -- The global healthcare cloud computing market size is estimated to grow by USD 98.6 billion from 2024-2028, according to Technavio. The market...

The S&P 500 and Nasdaq 100 indices closed at record highs due to investor confidence in AI-driven tech sector growth. Magnificent Seven worth $15T.

/PRNewswire/ -- The global stand alone cloud storage market size is estimated to grow by USD 97.40 billion from 2024-2028, according to Technavio. The market...