When it comes to major tech investment, Gulf states have a chequered record. The United Arab Emirates and Saudi Arabia, after all, sank $60 billion into Masayoshi Son’s first Vision Fund, for ...

When firms like BlackRock and Microsoft pour billions into AI infrastructure, they are not merely investing in computational ...

Tecfusions, a prominent US-based data center firm, has formed a strategic partnership with TensorWave, leasing a substantial ...

The results of this investment in technology are already starting to speak volumes. Abu Dhabi National Oil Company (ADNOC), which is on a mission to become the most AI-enabled energy company in the ...

The upsurge of AI must take responsibility for its role in this workload growth. After all, a Google search requires 0.3 watt-hours of electricity, compared with 2.9 watt-hours for a single ChatGPT ...

Microsoft, investor BlackRock, and Dubai-based AI investment company MGX are investing 100 billion dollars in AI data centers ...

Microsoft forecast second-quarter Azure revenue growth of 31 per cent to 32 per cent, lagging the 32.25 per cent growth expected on average by analysts, according to Visible Alpha.

Microsoft (NASDAQ:MSFT) easily eclipsed consensus estimates in its first quarter fiscal 2025 financial report as its Azure cloud segment crushed expectations. Microsoft shares ticked up about 1% ...

:Microsoft beat Wall Street estimates for first-quarter revenue on Wednesday as efforts to build out data center capacity and AI-driven demand boosted its cloud business. Shares of the Redmond ...

Oct. 30, 2024 (GLOBE NEWSWIRE) -- Microsoft and BlackRock have joined forces to launch a $100 billion fund dedicated to artificial intelligence (AI) infrastructure. This initiative, known as the ...

A new partnership between Microsoft and BlackRock aims to address these needs through a $100 billion initiative. This initiative, named the Global AI Infrastructure Investment Partnership (GAIIP ...