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Satya Nadella owns only a tiny stake in Microsoft; how the CEO built an estimated $1.4 billion fortune
Satya Nadella’s $1.4 billion fortune did not come from owning a large part of Microsoft. The CEO built his wealth mainly through company shares, bonuses and salary over the years. While his personal stake remains small, Microsoft’s growth under his leadership has made him one of the wealthiest executives in technology. Here’s how his compensation helped build his fortune.
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.
DeepSeek invests $20.8 million in Unitree's Shanghai IPO
Chinese AI firm DeepSeek invested significantly in robot maker Unitree. They will jointly develop advanced AI models for humanoid robots. This partnership combines AI expertise with mechanical engineering capabilities. The collaboration aims to overcome challenges in robot autonomy and understanding. Both companies are based in China's eastern tech hub Hangzhou.
Microsoft to release new coding model next week, the Information reports
Microsoft is set to launch new artificial intelligence models next week at its Build conference. These include a coding model to enhance GitHub Copilot. The company is also introducing models for transcription, reasoning, speech, and images. This move signals Microsoft's strategy to reduce reliance on partners like OpenAI. Microsoft shares saw a rise following this news.
Wipro shares in focus following strategic AI partnerships with Google Cloud, Microsoft
Wipro shares are expected to see movement following significant AI partnerships. The company is enhancing enterprise AI adoption with Google Cloud's Gemini Enterprise and Microsoft's AI tools. These collaborations aim to transform businesses into early AI adopters, boosting productivity and innovation across various sectors. Wipro is also upskilling its workforce to leverage these advanced technologies.
'India will lead the AI era': Microsoft CEO Satya Nadella announces 20 million AI skilling drive across country
Microsoft CEO Satya Nadella is set to empower 20 million Indians with artificial intelligence skills. The company is investing $17.5 billion to boost India's AI and cloud infrastructure. A new data centre region will launch in 2026. India is projected to become the world's largest developer community by 2030. This marks a significant long-term partnership in India's technological advancement.
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Mem0 raises $24 million from Basis Set Ventures, Peak XV Ventures, others
San Francisco startup Mem0, founded in 2023, builds memory systems for AI agents, helping them recall past interactions. It raised $24 million, led by Basis Set Ventures, with participation from Peak XV Partners, Kindred Ventures and others. Mem0’s API sees fast growth and integrates with platforms like AWS Agent SDK, CrewAI, and Langflow.
Zerodha announces final $675,000 tranche for FLOSS projects
Zerodha has completed its $1 million annual fund for Free and Open Source Software projects. The second tranche of $675,000 has been announced. This fund supports developer tools, consumer apps, and social impact work. Zerodha's CTO, Kailash Nadh, advocates for a sovereign FOSS fund in India. The fund has already disbursed $195,000 to projects like Krita and OpenSSL.
Meta's AI leaders discuss using Google, OpenAI models in apps: Report
Leaders at Meta's new AI organisation, Meta Superintelligence Labs, have explored integrating Google's Gemini model to deliver conversational, text-based responses for queries submitted to Meta AI, the company's primary chatbot, the report said.
Microsoft and Replit partner to scale AI-led app development
Microsoft has partnered with Replit to bring AI-driven vibe coding—building software through natural language prompts to enterprise clients. The deal gives Replit access to Microsoft’s customer base and infrastructure, while strengthening Microsoft’s AI development tools. Replit’s browser-native platform streamlines app creation and is used by teams at Google, Coinbase, and others.
Trouble between AI’s power couple: What’s brewing between Microsoft and OpenAI?
OpenAI needs Microsoft's approval to complete its transition into a public-benefit corporation. But sources told Reuters the companies have not been able to agree on details even after months of negotiations. Tensions have risen between the two sides after reports emerged that OpenAI is considering a "nuclear option", accusing Microsoft of anticompetitive behaviour.
AI’s success must be measured in economic impact, not benchmarks: Satya Nadella
In a conversation with Ali Ghodsi, founder and chief executive, Databricks, at the company’s annual conference in San Francisco on Thursday, Nadella reflected on the acceleration in AI development across pre-training, inference, and application maturity over the last two years.
Coforge expands collaboration with Microsoft to drive developer productivity
Coforge expands its partnership with Microsoft, leveraging GitHub Copilot to modernize legacy applications, train over 10,000developers, and enhance AI-driven productivity across industries.
Why is Microsoft reducing its dependence on ChatGPT owner OpenAI? Is there a catch, here's all you need to know
Microsoft is reportedly reducing its reliance on OpenAI for AI models like 365 Copilot.
Stocks in news: Bajaj Auto, Star Health, Awfis Space, NTPC Green, Ujjivan SFB
Standalone health insurance provider Star Health Insurance Ltd has taken up multiple measures including stepping up of its security mechanism following an alleged data breach recently, a top official said.
Economy and effects of Covid may delay India’s developer growth pace: GitHub CEO
GitHub CEO Thomas Dohmke has deferred the forecast of India surpassing the US as the world’s largest software developer base to 2028, citing factors like economic conditions, US AI growth, and India’s education pipeline. India, with 17 million developers on GitHub, remains on track, growing 28% this year. GitHub plans to expand its AI-enabled CoEs in India, boosting engineering efficiency with tools like Copilot. Dohmke stressed upskilling amidst AI adoption, affirming AI’s transformative role in software development.
Infosys shares in spotlight after expanding partnership with Microsoft to boost Microsoft Cloud, GenAI adoption
Infosys shares are expected to attract attention on Thursday following the announcement of an expanded partnership with Microsoft to promote the global adoption of generative AI and Azure, Microsoft's cloud platform. Infosys will serve as a strategic supplier for cloud and AI workloads for Microsoft’s enterprise customers.
Infosys, Microsoft expand partnership to boost adoption of Microsoft Cloud, GenAI
Infosys and Microsoft have expanded their partnership to focus on generative AI and cloud solutions. Infosys will integrate Microsoft's generative AI tools into its existing solutions to offer clients better cost-efficiency, scalability, and agility.
Cognizant purchases 25K Copilot Seats from Microsoft
Besides internal usage, Cognizant will work to deploy Microsoft 365 Copilot to a million users within their global 2000 clients and across 11 industries.
Microsoft GitHub has 13 million Indian developers, to pip US by 2027: Satya Nadella
During the second day of his Microsoft AI Tour in India, Microsoft chairman and chief executive Satya Nadella highlighted the impact Indian developers are making in building cutting-edge products and solutions that solve challenges for the nation and accelerating deployment of AI innovation globally.
TikTok owner ByteDance's chief warns against mediocrity as AI brings disruption
ByteDance CEO Liang Rubo warned employees about the company's complacency and lack of attention to AI technology. He mentioned the delayed recognition of the GPT-1 machine learning technique. ByteDance, known as the App Factory, has been slow to join the AI race. Liang highlighted ByteDance's late start on AI foundation models and the impact of internal red tape on project timelines. He urged the company to streamline its processes and avoid unnecessary delays.
Microsoft India looks to demystify AI to push business adoption
Newly appointed Microsoft India president Puneet Chandok told ET in his first media interview after joining Microsoft in September that he plans to do 100 boardroom conversations with top enterprises in India in the next 90 days.
Microsoft Q3 results: Profit rises 9% to $18.3 billion; cloud, AI lift revenue 7% to $53 billion
Despite a disappointing performance by the PC and Xbox divisions, the software maker posted revenue of $52.9 billion in its third quarter, beating Wall Street revenue estimates of $51.02 billion for the quarter.
IIT Bombay's startup incubator SINE and Microsoft sign MoU
As a part of this collaboration, SINE and Microsoft will explore opportunities that will help startups at SINE avail benefits of Microsoft software and services, access to GitHub, M365 resources, training and skilling on Azure, along with mentor networks.
Crypto firms write to FM on tax woes; GitHub bottleneck in Bulli Bai case
With less than a month to go before FM Nirmala Sitharaman unveils the Union Budget, a grouping of tech firms that includes all the major crypto companies has urged her to spell out rules for taxing crypto-assets, and to formally name them in tax laws.
India emerges as the fastest growing country in the world by open source contribution
The community has 5.8 million developers in India, with 1.8 million having joined in the past year and is projected to grow to 10 million by 2023.
Virtual platforms step in to keep graduates engaged in hiring winter
Platforms such as Github, HackerEarth and Outlined.co have launched virtual initiatives to ensure that they remain upskilled and networked with global peers, amid the uncertain economic environment caused by the Covid-19 pandemic that has hurt study and career prospects for youngsters.
Rs 18 crore for data company Atlan in Series A funding
The company works with more than 200 corporations globally, including Unilever, GroupM, Mahindra Group, Kotak Mahindra Bank and In-Mobi.
Microsoft’s GitHub deal triggers software coders’ trust issues
Their fear comes from a very real historical clash between open-source coders, who freely post and share their work, and Microsoft, which became one of the world’s largest companies by selling proprietary software and fiercely protecting its technology.
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