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    Microsoft beats expectations fueled by Azure cloud business

    Microsoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. The Azure cloud services experienced a remarkable growth of 48%, driven by an increasing demand for AI technologies. In a strategic move, the company has offered voluntary buyouts to 60,000 employees while continuing to innovate hardware aimed at enhancing AI capabilities.

    Microsoft beats expectations fueled by Azure cloud business

    Microsoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its Azure cloud computing division which grew by 48 percent in the September quarter. However, Google on Wednesday reported that revenue from its cloud division doubled to $30.7 billion during the quarter, bringing it closer to Microsoft's Azure revenue, which reached $33.2 billion in the same period.

    Snapdragon X2 Plus puts AI at the heart of Lenovo’s new Yoga Slim 7x

    Qualcomm’s mainstream AI silicon meets Lenovo’s flagship thin-and-light design and Microsoft’s Copilot+ PC software, sharpening the case for Arm-based Windows PCs. The result is a slick, smart, and savvy Lenovo Yoga Slim 7x.

    Microsoft pushes AI vision with new, expensive Surface laptop

    Microsoft is pushing a "hybrid intelligence" future with a new Surface Ultra laptop that runs on Nvidia artificial intelligence (AI) chips and will cost more than $2,500, the company announced Wednesday. The new Surface Ultra will use Nvidia's state-of-the-art AI chip, RTX Spark, which the semiconductor giant announced earlier this year.

    Microsoft brings more AI to PCs as it challenges Apple

    Microsoft said it was releasing Microsoft Execution Containers, a tool to prevent agents from accessing data and doing unauthorized tasks when running on a laptop or desktop machine. Anthropic, OpenAI and Nvidia will use the tools, Pavan Davuluri, executive vice president for Windows and devices, said at the event in San Francisco.

    Microsoft is set to unveil a groundbreaking laptop featuring Nvidia's chips, aimed at bolstering local AI functionalities. This ambitious move intends to transfer previously cloud-dependent complex tasks to individual devices, streamlining operations. However, both Microsoft and Apple face hurdles due to escalating hardware expenses in the competitive AI landscape. This event symbolizes a longstanding partnership between Microsoft and Nvidia, which is crucial for the future of advanced computing.

    The Economic Times
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