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☆ Microsoft confirms layoffs in mixed reality but will keep selling HoloLens 2 headsets
▼ + stars: | 2024-06-03 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft will lay off some employees who work on mixed reality, a spokesperson told CNBC on Monday. Although the cuts will affect the department that contributes to the HoloLens 2 augmented reality headset, Microsoft plans to continue selling the device. "Earlier today we announced a restructuring of the Microsoft's Mixed Reality organization," the spokesperson said in an email. In addition, we will continue to invest in W365 to reach the broader Mixed Reality hardware ecosystem. In December, Microsoft further reduced investment in augmented reality and virtual reality, which blocks out the surrounding world, when it deprecated Windows Mixed Reality, which included tools for running applications in head-mounted displays.

Persons: Satya Nadella, Apple Organizations: Microsoft, CNBC, Department, U.S . Defense Department, Bloomberg, Nvidia, Vision, Microsoft Ignite, Meta Locations: Redmond , Washington, Seattle

☆ Microsoft brings Copilot AI assistant to small businesses and launches a premium tier for individuals
▼ + stars: | 2024-01-15 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft said on Tuesday that small businesses can now subscribe to its Copilot virtual assistant in the company's productivity apps. And consumers who pay for the Microsoft 365 software can sign up for a new paid version of Copilot. But those who pay for Microsoft 365 Personal and Family subscriptions haven't been able to use it in Word, Excel, Outlook and other apps. Those with Copilot Pro receive "priority access to the very latest models — starting today with OpenAI's GPT-4 Turbo," Mehdi wrote. "Whether you need advanced help with writing, coding, designing, researching or learning, Copilot Pro brings greater performance, productivity and creativity," Mehdi wrote.

Persons: chatbot, Satya Nadella, Nadella, Yusuf Mehdi, Microsoft's, haven't, OpenAI's, Mehdi, Melius, Ben Reitzes Organizations: Microsoft, Investors, Google, Apple, Microsoft's Ignite, Windows, Bing, Copilot Locations: Seattle, copilot.microsoft.com

☆ Here are three key takeaways from Microsoft's bullish AI event
▼ + stars: | 2023-11-17 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

During Microsoft's Ignite conference in Seattle this week, the software giant announced its foray into the AI processor market with two new chips , a deepening partnership with leading AI chipmaker Nvidia (NVDA), additional features for AI assistant 365 Copilot and more. Shares have since notched all-time highs , boosted by startup OpenAI — whose technology powers several of Microsoft's AI offerings — announcing its most powerful tool to date at the start of November. Here are the Club's top-three takeaways from Microsoft's Ignite conference, along with what Wall Street's saying about the event . The chief executive said generative AI could one day be " bigger than the internet, by far ," while announcing joint AI projects with Microsoft. Microsoft stock has been the best."

Persons: Maia, Jeff Marks, Jensen Huang, Jim Cramer, Jefferies, Goldman Sachs, Jim Cramer's, Jim, Satya Nadella, Sam Altman, Justin Sullivan Organizations: Microsoft, Club, Microsoft's Ignite, Nvidia, Foundry Service, CNBC Locations: Seattle, OpenAI, San Francisco , California

Thursday's early calls featured a retail upgrade and an EV charging stock downgrade. The analyst reiterated his buy rating and $450 price target on the stock. Microsoft's AI cybersecurity solution Security Copilot, which was only recently expanded through an early access program on Oct. 19, already has tons of pent-up interest, Thill said. The firm downgraded shares from neutral to underperform and lowered its price target on the stock by $17 to $43. He gave the stock a $50 price target — $13 higher from the previous one — which implies 23.1% upside for shares since Wednesday's close.

Persons: Wells Fargo, Goldman Sachs, Kash Rangan, Rangan, Maia, Brent Thill, Thill, Vivek Arya, Arya, Raimo, Microsoft's, — Pia Singh, Elizabeth Suzuki, Vijay Rakesh, Rakesh, Vikram Bagri, Bagri, Fred Imbert, Edward Kelly, Kelly Organizations: CNBC, Citi, Microsoft's Ignite, Jefferies, Microsoft, Bank of America, Nvidia, Devices, Barclays, Advance, AAP, Mizuho, Intel, Mizuho Securities, Foundry, Foundry Services, Sapphire, Sierra, AMD, Wells Locations: Seattle, U.S, Wells Fargo, Wednesday's

☆ Microsoft announces custom AI chip that could compete with Nvidia
▼ + stars: | 2023-11-15 | by ( Jordan Novet | ) www.cnbc.com time to read: +5 min

A custom-built rack for the Maia 100 AI Accelerator and its "sidekick" inside a thermal chamber at a Microsoft lab in Redmond, Washington. The first, its Maia 100 artificial intelligence chip, could compete with Nvidia's highly sought-after AI graphics processing units. In addition to designing the Maia chip, Microsoft has devised custom liquid-cooled hardware called Sidekicks that fit in racks right next to racks containing Maia servers. Moving from GPUs to AWS Trainium AI chips can be more complicated than migrating from Intel Xeons to Gravitons, though. WATCH: Nvidia notches tenth straight day of gains, driven by new AI chip announcement

Persons: Maia, Nvidia's, Rani Borkar, Borkar, OpenAI, OpenAI's, We've, they've, Colette Kress, Steve Tuck, Tuck, Graviton, Dave Brown, Brown Organizations: Microsoft, Intel, Google, CNBC, Amazon, Services, Nvidia, AMD, Computer, Companies, SQL, AWS Locations: Redmond , Washington, Seattle, New York, Gravitons

☆ Microsoft's AI chip announcement could be negative for Nvidia, says BakerAvenue's King Lip
▼ + stars: | 2023-11-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft's AI chip announcement could be negative for Nvidia, says BakerAvenue's King LipKing Lip, BakerAvenue Wealth management chief strategist, joins 'Closing Bell' to discuss Microsoft's new custom AI chip reveal at the Ignite Conference and more.

Organizations: Nvidia, Wealth, Ignite Conference

☆ Microsoft announces more Copilot AI features in Outlook, PowerPoint and Teams
▼ + stars: | 2023-11-15 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft on Wednesday announced a slew of new capabilities coming to the Copilot artificial intelligence add-on for its Microsoft 365 productivity applications. There are concerns about whether Copilot for Microsoft 365 is worth $30 per person per month. Copilot will be able to create Teams chat messages and come up with tone changes. During Teams meetings, the Whiteboard tool can automatically create visualizations of ideas that people discuss. In PowerPoint, Copilot will be able to create slides that include AI-generated images based on brand assets, with the help of the Microsoft Designer app.

Persons: OpenAI, Jared Spataro, Dana Organizations: Microsoft, Wednesday, Adobe, Google, CNBC Locations: Seattle

☆ Microsoft is fine avoiding China as U.S. considers national security implications, CEO Satya Nadella says
▼ + stars: | 2023-11-15 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft is not focused on China as a domestic market, though the company has notable Chinese customers with operations outside the world's second most-populous country, CEO Satya Nadella said on Wednesday. "A lot of the Chinese multinationals operating outside of China are our bigger AI customers, perhaps." Microsoft provides artificial intelligence services to electric vehicle maker Li Auto and consumer electronics company Xiaomi, among others. Still, Nadella acknowledged on Wednesday that the U.S. government has important restrictions to follow when it comes to doing business in China. The U.S government uses Microsoft Azure cloud services and Microsoft 365 productivity apps.

Persons: Satya Nadella, Nadella, CNBC's Jon Fortt, Li, Nadella's, Joe Biden, Xi Jinping, Meta's, Bing, Deepwater's Gene Munster Organizations: Microsoft, Microsoft's Ignite, Li Auto, U.S, . Commerce Department, Meta's Facebook, Baidu, USG, LinkedIn Locations: China, Seattle, San Francisco, Bing, Beijing, United States, U.S, Europe, Asia

☆ What to expect from Microsoft's AI-focused conference this week — and why the stock could move higher
▼ + stars: | 2023-11-14 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Starting in-person Tuesday in Seattle and livestreamed from Wednesday, Microsoft's "Ignite" event consists of three days of product announcements and various keynotes from technology executives. At the Club, we'll be looking for initial evidence of a return on investment (ROI) for Microsoft's AI products — particularly the company's recently launched AI assistant, 365 Copilot . MSFT YTD mountain Microsoft (MSFT) year-to-date performance Piper Sandler reiterated the Club's take that evidence of early adoption around Copilot, along with ROI, could be bullish for Microsoft. Bottom line Microsoft stock, up more than 54% year-to-date, has surged in 2023 on the generative AI boom. If the Ignite conference provides further evidence that Microsoft's large bet on AI is paying off, it would likely be positive for the stock.

Persons: we'll, Piper Sandler, Wells Fargo, Wells, they'll, Jim Cramer's, Jim Cramer, Jim, Omar Marques Organizations: Microsoft, Sunday, Ignite, Bloomberg, Devices, CNBC, Getty Locations: Seattle, livestreamed, Copilot, OpenAI

☆ Cramer on why 'homework matters' for stocks regardless of falling bond yields
▼ + stars: | 2023-11-13 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. Those gains have come despite little upside surprise in any of their reports and have largely been driven by a retreat in bond yields. Bond yields, meanwhile, were little changed Monday morning, with that of the 10-year Treasury hovering above 4.6%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, We've, Eli Lilly, Jim, Piper Sandler, Jim Cramer's Organizations: CNBC, Apple, Treasury, Novo Nordisk, Wall Street, Club, Microsoft, Ignite

☆ Stocks like Microsoft have more room to run, as analysts name their top fourth-quarter picks
▼ + stars: | 2023-10-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Wall Street analysts have issued their lists of top stocks for the fourth quarter, and a slate of familiar names made the cut. These companies are firing on all cylinders and have more room to run, they said. They include Nvidia , Microsoft, Boeing and T-Mobile. Microsoft Buy any dip in the tech giant's shares, Wells Fargo said earlier this week. In addition, Boeing is in a "premier position" with its jumbo jet manufacturing as the company maintains a large market share, the firm said.

Persons: Wells Fargo, Michael Turrin, ROY, Wells, Mobile Goldman Sachs, Brett Feldman, Feldman, Goldman, Ronald Epstein, AeroSystems, Epstein, Grace, Hopper, C27E, …, Goldman Sachs Organizations: CNBC, Nvidia, Microsoft, Boeing, Mobile, Sprint, Boeing Global, Bank of America, Mizuho, ~$

☆ The Metaverse, Zuckerber's Tech Obession, Is Officially Dead. ChatGPT Killed It.
▼ + stars: | 2023-05-08 | by ( Ed Zitron | ) www.businessinsider.com time to read: +11 min

The Metaverse, the once-buzzy technology that promised to allow users to hang out awkwardly in a disorientating video-game-like world, has died after being abandoned by the business world. After a much-heralded debut, the Metaverse became the obsession of the tech world and a quick hack to win over Wall Street investors. Once the tech industry turned to a new, more promising trend — generative AI — the fate of the Metaverse was sealed. But the short life and ignominious death of the Metaverse offers a glaring indictment of the tech industry that birthed it. Roblox, an online game platform that has existed since 2004, rode the Metaverse hype wave to an initial public offering and a $41 billion valuation.

☆ Cisco partners with Microsoft to add Teams to its meeting devices
▼ + stars: | 2022-10-12 | by ( Jane Lanhee Lee | ) www.reuters.com time to read: +2 min

Oct 12 (Reuters) - Networking firm Cisco Systems Inc. (CSCO.O) will add Microsoft Corp.'s (MSFT.O) Teams messaging app to its meeting devices, the two firms said on Wednesday, offering users an alternative to its own Webex video conferencing app. Cisco's Jeetu Patel, head of Security & Collaboration, said the company aims to be the hardware platform for a wide range of conferencing software platforms. Register now for FREE unlimited access to Reuters.com Register"There's going to be times that people want to jump on a Microsoft Teams call, they want to jump on a Zoom call, they want to jump on a Google call." Ilya Bukshteyn, vice president of Microsoft Teams Calling and Devices, told Reuters the Teams Room software already runs on several other hardware devices and will be available on Cisco devices from the first quarter of next year. Register now for FREE unlimited access to Reuters.com RegisterReporting By Jane Lanhee Lee; editing by Richard PullinOur Standards: The Thomson Reuters Trust Principles.

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