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Microsoft's Satya Nadella reports 40 million AI agents being deployed across thousands of organizations. Here's how the smartest professionals are using them.
1don MSN
Meta sinks 8%, continuing record losing streak, while Microsoft jumps 15% as AI trade splits
Microsoft posted strong Azure and Copilot growth, while Meta missed revenue guidance forecasts as free cash flow plunged leading to diverging stock moves.
12hon MSN
Microsoft R&D jobs drop for second straight year as total headcount falls for first time in a decade
Microsoft's annual report shows the company employed 223,000 people as of June 30, down 5,000 from a year earlier and its first annual decline since 2016.
An update to Microsoft's insider trading policy makes clear that employees can't use confidential information to inform bets on prediction markets.
Amazon reported a surge in revenue at its key cloud business while Apple issued disappointing guidance.
Overall, for the fiscal year ended June 30, Microsoft's revenue increased 18%, or $50.1 billion, to $331.8 billion.
Like other big technology companies, Microsoft is hoping its aggressive spending on artificial intelligence is starting to translate into revenue.
Microsoft added nearly $450 billion in market value on Thursday, the largest one-day gain on record for a company.
Microsoft's Azure cloud business grew 43% last quarter — well past its own forecast — and topped $100 billion in annual revenue for the first time.