Microsoft signs $9.7 billion cloud deal with IREN
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People Inc., one of the largest media publishers in the U.S., has signed an AI licensing deal with Microsoft. The media giant (formerly known as Dotdash Meredith) made the announcement Tuesday as a part of parent company IAC’s third-quarter earnings.
Image-1, inside Copilot — and early testers say it’s a big upgrade. The model is already earning praise for producing more realistic textures, cleaner hands, and better lighting than previous Copilot image tools.
Microsoft’s first in-house AI image generator, MAI-Image-1, is now available in two products, Bing Image Creator and Copilot Audio Expressions. The company announced the model in October. Microsoft AI chief Mustafa Suleyman wrote in a post on X that the text-to-image model will be “coming soon” to the EU.
Microsoft has announced it will ship Nvidia's advanced AI chips to the United Arab Emirates. The U.S. Commerce Department approved the deal in September.
IREN stock soared on Monday after announcing a nearly $10 billion deal with Microsoft to provide access to Nvidia chips.
Microsoft has reported an 18% increase in quarterly sales, reaching $77.7 billion, surpassing Wall Street expectations
The tech giant said it is the first company granted an export license by the Trump administration’s Commerce Department to ship AI chips to the U.A.E.
Microsoft Copilot is coming off yet another impressive week of picking NFL games. Will its success last into Week 9?
Microsoft is advancing its artificial intelligence strategy and has secured three separate deals in a single day.