Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion. The acquisition will get Microsoft deeper into hospitals and the health care industry through Nuance’s widely used medical dictation and transcription tools. Microsoft will pay $56 per share cash. That’s a 23% premium to Nuance’s Friday […]
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Microsoft is teaming up with European publishers to push for a system to make big tech platforms pay for news, raising the stakes in the brewing battle led by Australia to get Google and Facebook to pay for journalism. The Seattle tech giant and four big European Union news industry groups unveiled their plan Monday […]
General Motors is teaming up with Microsoft to accelerate its rollout of electric, self-driving cars. In the partnership announced Tuesday, the companies said Microsoft’s Azure cloud and edge computing platform would be used to “commercialize its unique autonomous vehicle solutions at scale.” Microsoft joins General Motors, Honda and other institutional investors in a combined new […]
CMC Networks, one of the largest Pan African networks and Middle Eastern carriers, has announced that it now offers direct access to the Microsoft Azure Peering Service, further increasing access to its broad range of cloud services. Clients will now benefit from a low latency and SLA-backed, direct connection to Microsoft across the network spanning […]
Walmart is the latest company to want a piece of TikTok, the popular Chinese-owned video app that has come under fire from the Trump administration. The world’s largest retailer made a joint bid with tech giant Microsoft to buy TikTok’s U.S. business, according to a person close to the deal who isn’t authorized to discuss […]
This week, Google cemented its place as a main partner to the telecoms sector, with multiple partnership agreements for Google Cloud and the launch of its new strategy – the telecoms industry strategy – designed to enable telcos to tap into the opportunities presented to them as a result of the digital transformation. It was […]
Meta's Llama 2, an open-source AI model to take center stage in the AI chatbot showdown in a partnership with Microsoft.
Lumen Technologies, known for its fiber networks essential for AI demand data processing, secured $5 billion in new business.
OpenAI is on track to generate more than $1 billion in revenue over the next 12 months from the sale of AI software and computing capacity.
Etisalat has made a multi-year edge computing partnership with Microsoft, which the UAE-based telco claims, will underpin future 5G services. Details are not yet fully available, but Etisalat says it wants to create a digital platform on Azure that can incorporate exciting technologies such as automation and AI. Along with 5G, it will “enable new […]