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News on Medial
Microsoft has a discount AI deal for the US government too.
The Verge
·
2d ago
Medial
Microsoft has struck a deal with the US government to provide discounted services on Microsoft 365, Copilot, Azure, and others, anticipating $3.1 billion in savings within the first year. The agreement includes free access to Microsoft 365 Copilot for one year. Similar discounts have been offered by OpenAI and Anthropic for AI access. This move highlights AI companies' strategy to attract government clients by providing significant savings.
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AMD hits US roadblock in selling AI chip tailored for China: report
Economic Times
·
1y ago
Medial
Advanced Micro Devices (AMD) has faced obstacles in selling an AI chip specifically designed for the Chinese market, as the US government tightens restrictions on the export of advanced technologies to Beijing. Despite being weaker than chips sold outside China, AMD's chip was deemed too powerful and requires a license from the Bureau of Industry and Security, according to sources. The move could hinder AMD's efforts to catch up with Nvidia in the AI market. The US government has been actively preventing the export of advanced AI chips to China to prevent the strengthening of its military capabilities.
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US FTC tries again to stop Microsoft's already-closed deal for Activision
Economic Times
·
1y ago
Medial
The US Federal Trade Commission (FTC) is making another attempt to halt Microsoft's $69 billion acquisition of Activision Blizzard, arguing that the federal judge's ruling was incorrect. The FTC claims that the judge held the agency to too high a standard and is expected to argue that the judge was wrong to rely on previous deals Microsoft made with rivals. The legal battle is part of the Biden administration's broader efforts to challenge mergers and price hikes. The judge's ruling allowed Microsoft to close the deal in October, with approval from EU and UK regulators.
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Microsoft CEO Nadella to testify in US antitrust trial against Google today
Livemint
·
1y ago
Medial
Microsoft CEO Satya Nadella is set to testify in the US Justice Department's antitrust trial against Google. The government claims that Google illegally paid billions of dollars to smartphone makers and carriers to be the default search engine on their devices. The government hopes to use Nadella's testimony and that of other Microsoft executives to demonstrate Google's dominant position in the search market and the challenges faced by competitors like Microsoft's Bing. Microsoft previously failed to secure a deal with Apple to feature Bing on its products.
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Google slashes business software prices for US federal agencies
Economic Times
·
4m ago
Medial
Google is offering significant discounts on its business apps to U.S. federal agencies, aiming to challenge Microsoft's dominance in the government software market. The 71% discount agreement with the U.S. General Services Administration (GSA) could save agencies up to $2 billion if widely adopted. This move aligns with the Trump administration’s cost-cutting initiatives. The discount, valid until September 30, could strengthen Google's presence in government contracts traditionally held by Microsoft.
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Microsoft's $1.5B check for G42 shows growing US-China rift
TechCrunch
·
1y ago
Medial
Microsoft has announced a $1.5 billion investment in G42, an Abu Dhabi-based artificial intelligence company. The funding will give Microsoft a minority stake in G42 and a seat on the board of directors. The move comes as the UAE seeks to position itself as a global leader in AI and draws closer to China, causing concerns for US politicians. The deal highlights the strategic positioning of both countries in the midst of rising geopolitical tensions. The partnership also grants Microsoft extensive market access to the region and the opportunity to implement its AI and Azure solutions across various industries.
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Microsoft has shelled out $76 million for a pumpkin farm in Wisconsin
Business Insider
·
1y ago
Medial
Microsoft has purchased 407 acres of land in Wisconsin for a new data center campus, including a pumpkin farm attraction. The $76 million deal with the Creuziger family is a major win for them, as it was more than three times the amount offered by the local government in 2017. Microsoft has also made other land deals in the region, with construction already underway for the first phase. The company expects the data center to create jobs and meet the increasing demand for computing power in AI technology.
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Microsoft debuts 'Copilot+' PCs with AI features
Economic Times
·
1y ago
Medial
Microsoft has unveiled a new category of personal computers that feature artificial intelligence (AI) capabilities. These new "Copilot+" PCs can handle AI tasks without relying on cloud data centers and come with a feature called "Recall" which tracks user activity. Microsoft aims to sell 50 million AI PCs within a year. The company also introduced new Surface Pro tablets and laptops with Qualcomm chips and showcased technology that allows software written for Intel and AMD chips to run on Arm-based chips. Apple, too, has revealed plans for AI-focused chips in future laptops.
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Microsoft to invest $1.5 billion in UAE AI firm
Livemint
·
1y ago
Medial
Microsoft Corp. has announced a $1.5 billion investment in G42, a technology company backed by the United Arab Emirates (UAE). This partnership includes an intergovernmental agreement to ensure the security of artificial intelligence (AI) as the US and China compete for influence in the Gulf. The deal signifies a pivot for the UAE towards Washington, as its ties with China have strained relations with the US in recent years. The partnership aims to develop a skilled AI workforce in the UAE and create a $1 billion fund for developers.
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Microsoft’s Mistral deal beefs up Azure without spurning OpenAI
The Verge
·
1y ago
Medial
Microsoft has invested €15 million ($16 million) in French AI company Mistral and will bring its newest AI model, Mistral Large, to Azure as part of a multiyear deal. The investment allows Microsoft to build Azure as a model garden and establish a presence in the European AI space. Mistral, a developer of open-source AI models, is popular among developers and will provide Microsoft with a range of choices to offer customers. The deal does not pit Mistral against Microsoft's first AI child, OpenAI, which remains the preferred option for powering Microsoft's flagship AI product, Copilot.
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Microsoft to invest $1.5 bln in Emirati AI firm G42, New York Times reports
Reuters
·
1y ago
Medial
Microsoft plans to invest $1.5 billion in G42, an AI firm in the UAE, according to the New York Times. The partnership will involve G42 using Microsoft's cloud services and adhering to a security arrangement negotiated with the US government. This move comes as G42 divests from Chinese investments and removes Chinese hardware from its operations. The agreement also includes protections for AI products and Microsoft President, Brad Smith, will take a seat on G42's board. Neither Microsoft nor G42 have commented on the investment.
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