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News on Medial
Microsoft boosts Azure AI Search with more storage and support for big RAG apps
Venturebeat
·
1y ago
Medial
Microsoft has made its Azure AI Search more affordable for developers building generative AI applications. While the price has remained the same, increased vector and storage capacity means more data can be offered per dollar. The cloud-based service is also extending its retrieval system to support applications from partner and investment OpenAI. The update allows developers to scale their apps to a 'multi-billion vector index' without speed or performance issues. Microsoft is also offering more flexibility for large language models, working with OpenAI's ChatGPT, GPTs and Assistant API.
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Oracle, Microsoft Join Forces to Enhance Bing
Startup News FYI
·
1y ago
Medial
Oracle and Microsoft have entered a multi-year agreement to enhance AI services. Microsoft is incorporating Oracle Cloud Infrastructure (OCI) AI infrastructure into its existing Azure AI infrastructure to power Bing's conversational searches. The collaboration aims to meet the growing demand for conversational search by leveraging robust computing infrastructure clusters. This partnership will provide innovative experiences to a global audience and improve the search experience on Microsoft Bing. Thousands of compute and storage instances, along with GPUs, will operate in parallel as a single supercomputer for efficient processing of massively parallel applications.
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Box gets even smarter with Azure OpenAI Service integration
Techradar
·
1y ago
Medial
Box, the cloud storage provider, has partnered with Microsoft's Azure OpenAI Service to enhance its artificial intelligence (AI) capabilities. This collaboration will allow Box to leverage large language models (LLMs) from Azure OpenAI Service to bolster Box AI without compromising security and compliance standards. Box AI offers insights and summaries for various industries including finance, insurance, legal, and public sectors. Box also highlighted its existing integrations with Microsoft 365 apps and plans to integrate with Microsoft's Copilot for Teams in the future. The collaboration aims to provide advanced and secure solutions for enterprises.
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Microsoft employees exposed internal passwords in security lapse
TechCrunch
·
1y ago
Medial
Researchers have discovered an open and public storage server on Microsoft's Azure cloud service that exposed internal files and credentials related to the Bing search engine. The server stored code, scripts, and configuration files containing passwords, keys, and credentials used by Microsoft employees to access other internal databases and systems. The data could have helped malicious actors locate other storage locations and potentially compromise additional services. Microsoft has fixed the security lapse following notification from the researchers. This incident follows a series of cloud security issues at Microsoft over recent years.
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Microsoft's Mistral AI deal should be further investigated, EU lawmaker says
Economic Times
·
1y ago
Medial
Microsoft's partnership with Mistral AI, a French tech startup, has drawn attention from lawmakers overseeing the European Union's AI Act. Under the deal, Microsoft will offer Mistral's AI models on its Azure cloud computing platform. However, concerns have been raised about Mistral's lobbying efforts for more lenient rules in the AI Act, potentially undermining European companies' competitiveness against big tech. Lawmakers have stated that further investigation into this emerging issue is necessary to ensure the safety and integrity of general purpose AI models.
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How Microsoft could supplant Apple as the world’s most valuable firm
Livemint
·
1y ago
Medial
Microsoft is betting big on generative AI, introducing its AI-powered chatbot, "Copilot," into various aspects of its business. Copilot can summarize documents, answer questions, create PowerPoint presentations, and more. With the potential to transform desk jobs, Microsoft aims to bring this technology to the 1.2 billion users of Microsoft 365 and the 1.4 billion users of Windows. The company's investment in OpenAI allows it to integrate cutting-edge AI into its products, potentially driving business towards its high-margin cloud service, Azure, and reclaiming the title of the world's most valuable public company from Apple. However, competition and regulatory concerns may pose challenges to Microsoft's ambitions.
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Microsoft partners with OpenAI's French rival Mistral
Economic Times
·
1y ago
Medial
Microsoft and French startup Mistral AI have entered into a partnership to make Mistral AI's AI models available on Microsoft's Azure cloud platform. The deal signifies Microsoft's efforts to expand its offerings in the AI space and attract more customers to Azure. As part of the collaboration, Microsoft will also take a minority stake in Mistral AI. Mistral AI, based in Paris, focuses on developing open source and proprietary large language models (LLMs) similar to OpenAI's ChatGPT. Azure customers will have access to Mistral's AI models, with plans to expand to other cloud platforms in the future.
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Microsoft, Yotta join hands to drive AI innovation in India
Economic Times
·
3m ago
Medial
Microsoft and Yotta Data Services have teamed up to boost AI adoption in India. Microsoft will integrate Azure AI services with Yotta's Shakti Cloud to provide advanced AI capabilities. This partnership supports the IndiaAI Mission's goal to foster AI innovation by engaging with government bodies, IITs, startups, and enterprises. It aims to enhance local AI capabilities, expedite AI model development, and support critical sectors like agriculture, healthcare, and finance with advanced AI solutions.
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Europe's Digital Markets Act is forcing tech giants to make changes. Here's what that will look like
Economic Times
·
1y ago
Medial
The Digital Markets Act (DMA), a set of European Union regulations, will introduce changes to default browsers and search engines, app downloading options, and personal data usage. It applies to six tech companies deemed as gatekeepers: Amazon, Apple, Google's parent company Alphabet, Meta, Microsoft, and ByteDance (owner of TikTok). The DMA aims to make digital markets fairer and more contestable. Europe's actions in regulating big tech are inspiring other countries like Japan, Britain, Mexico, South Korea, Australia, Brazil, and India to develop similar rules. The DMA will play a significant role in shaping future digital regulation globally. Apple's decision to allow European iPhone users to download apps from outside the App Store is a major change, although it will introduce a fee for apps installed through third-party stores. The DMA provides consumers with more options by allowing them to choose their default search engine and browser. Search results will also be affected, with the DMA prohibiting companies from favoring their own services. The DMA also includes provisions for privacy and cross-platform messaging compatibility.
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Microsoft's slow cloud growth signals AI payoff will take longer
Economic Times
·
1y ago
Medial
Microsoft plans to increase spending on AI infrastructure despite slower growth in its cloud business, causing shares to fall. The company expects Azure cloud growth to accelerate in the second half of fiscal 2025. Microsoft's capital spending rose 77.6% to $19 billion in Q4 2024, with most of it invested in cloud and AI-related areas. While Azure growth slowed, AI services saw an increase in revenue. Microsoft CEO Satya Nadella stated that Azure AI is used by over 60,000 customers, and the average spend per customer continues to rise. Despite disappointment in Azure growth, Microsoft's overall revenue rose 15% to $64.7 billion in Q4.
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Myntra launches MyFashionGPT built on Azure OpenAI suite
Economic Times
·
1y ago
Medial
Fashion etailer Myntra has introduced MyFashionGPT, a generative AI large language model (LLM) developed using Microsoft's Azure OpenAI Service. Integrated into the Myntra app, the model offers better search query results by providing actionable responses. The AI shopping assistant, launched in late May, allows users to use conversational language instead of keywords. Myntra has observed broadened search queries, resulting in increased product discovery and higher chances of making a purchase. Future enhancements include voice search, personalized results, and customer support assistance.
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