Microsoft

Trump DOE gives Microsoft partner $1B loan to restart Three Mile Island reactor

Climate /

The Trump administration announced Tuesday it would provide Constellation Energy with a $1 billion loan to restart a nuclear reactor at Three Mile Island. The energy company said last year it would reopen the reactor, which had been shuttered since 2019, after Microsoft committed to purchasing all the electricity from the 835 megawatt power plant […]

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AI data center provider Lambda raises whopping $1.5B after multibillion-dollar Microsoft deal 

AI /

AI data center provider Lambda announced Tuesday it raised $1.5 billion in a round led by TWG Global, a relatively new $40 billion investment firm formed by billionaires Thomas Tull, the former owner of Legendary Entertainment, and Guggenheim Partners founder and CEO Mark Walter. TWG holds a variety of the billionaires’ assets, including Walter’s stakes

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Leaked documents shed light into how much OpenAI pays Microsoft

AI /

After a year of frenzied dealmaking and rumors of an upcoming IPO, the financial scrutiny into OpenAI is intensifying. Leaked documents obtained by tech blogger Ed Zitron provide more of a glimpse into OpenAI’s financials — specifically its revenue and compute costs over the past couple of years.   Zitron reported this week that in 2024,

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Microsoft built a fake marketplace to test AI agents — they failed in surprising ways

AI /

On Wednesday, researchers at Microsoft released a new simulation environment designed to test AI agents, along with new research showing that current agentic models may be vulnerable to manipulation. Conducted in collaboration with Arizona State University, the research raises new questions about how well AI agents will perform when working unsupervised — and how quickly

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People Inc forges AI licensing deal with Microsoft as Google traffic drops

Media & Entertainment /

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. Under the deal, People Inc. will become a launch partner in Microsoft’s publisher content marketplace.

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Altman and Nadella need more power for AI, but they’re not sure how much

Climate /

How much power is enough for AI? Nobody knows, not even OpenAI CEO Sam Altman or Microsoft CEO Satya Nadella. That has put software-first businesses like OpenAI and Microsoft in a bind. Much of the tech world has been focused on compute as a major barrier to AI deployment. And while tech companies have been

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Lambda inks multi-billion-dollar AI infrastructure deal with Microsoft

Enterprise /

Cloud-computing company Lambda deepened its relationship with Microsoft through a sizable AI infrastructure deal. Nvidia-backed Lambda announced it struck a multi-billion-dollar deal with Microsoft on Monday to deploy tens of thousands of Nvidia GPUs, according to a press release. The exact size of the deal was not disclosed. Some of these GPUs will be Nvidia

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Microsoft’s $15.2B UAE investment turns Gulf State into test case for US AI diplomacy

AI /

Microsoft will invest $15.2 billion in the United Arab Emirates over the next four years, the company announced Monday at the first annual Abu Dhabi Global AI Summit. The investment will include the first-ever shipments of the most advanced Nvidia GPUs to the UAE. As part of the deal, the U.S. has granted Microsoft a license

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