Companies to collaborate on an AI Innovation Lab enabling closer connections with consumers, driving greater speed to market and further enhancing local relevancy NEW YORK and REDMOND, Wash. — April 26, 2024 — The Estée Lauder Companies (ELC) and Microsoft Corp. on Friday announced the creation of an AI Innovation Lab as an expansion of their global strategic relationship. Leveraging cutting-edge generative AI capabilities in Microsoft’s Azure OpenAI Service, the companies will work together to develop solutions that further empower ELC’s more than 20 prestige beauty brands as they create clo ..read more

REDMOND, Wash. — April 25, 2024 — Microsoft Corp. on Thursday announced that fiscal year 2024 third-quarter financial results are available on its Investor Relations website. The direct link to the earnings press release is https://www.microsoft.com/en-us/Investor/earnings/FY-2024-Q3/press-release-webcast. As previously announced, the company will host a conference call at 2:30 p.m. Pacific Time. A live webcast of the call can be accessed on Microsoft’s Investor Relations website at https://www.microsoft.com/en-us/Investor/. Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation f ..read more

REDMOND, Wash. — April 25, 2024 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2024, as compared to the corresponding period of last fiscal year: Revenue was $61.9 billion and increased 17% Operating income was $27.6 billion and increased 23% Net income was $21.9 billion and increased 20% Diluted earnings per share was $2.94 and increased 20% “Microsoft Copilot and Copilot stack are orchestrating a new era of AI transformation, driving better business outcomes across every role and industry,” said Satya Nadella, chairman and chief executive officer of ..read more

The post Today we’re expanding our longtime partnership with The Coca-Cola Company, as together we apply the power of the Microsoft Cloud and Copilot for Microsoft 365 to accelerate their AI transformation. appeared first on Stories ..read more

The Coca-Cola Company and Microsoft announce five-year strategic partnership to accelerate cloud and generative AI initiatives. Editor’s note – April 23, 2024 – The quotation from Judson Althoff was updated following initial publication. ATLANTA and REDMOND, Wash. — April 23, 2024 — Microsoft Corp. and The Coca-Cola Company on Tuesday announced a five-year strategic partnership to align Coca-Cola’s core technology strategy systemwide; enable the adoption of leading-edge technology; and foster innovation and productivity globally. As part of the partnership, Coca-Cola has made a $1.1 billion co ..read more

Expanded partnership will leverage Microsoft Copilot and Cognizant’s advisory and digital transformation services to help employees and enterprise customers operationalize generative AI and realize strategic business transformation. TEANECK, NJ – April 22, 2024 – Cognizant (Nasdaq: CTSH) and Microsoft Corp. announced an expanded partnership with the goal of making Microsoft’s generative AI and Copilots available to millions of users, to transform enterprise business operations, enhance employee experiences and accelerate cross-industry innovation. Cognizant, a leader in digital transforma ..read more

This strategic investment will enhance the UAE’s position as a global AI hub and provide further opportunities for partners and customers to innovate and grow. G42 and Microsoft will collaborate to ensure the benefits of secure AI technologies and cloud capabilities are responsibly shared with growing economies globally.  Microsoft’s Vice Chair and President Brad Smith will take a seat on the G42 Board. Both companies will support the establishment of a $1B fund for developers. The partnership includes a first of its kind Intergovernmental Assurance Agreement as both parties commit to wo ..read more

REDMOND, Wash. — April 11, 2024 — Microsoft Corp. will publish fiscal year 2024 third-quarter financial results after the close of the market on Thursday, April 25, 2024, on the Microsoft Investor Relations website at https://www.microsoft.com/en-us/Investor/. A live webcast of the earnings conference call will be made available at 2:30 p.m. Pacific Time. Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more. For more information ..read more

The post Today we announced our plans to deepen our investments in Japan, spanning cloud and AI infrastructure, skilling, research, and cybersecurity, as we continue partnering to accelerate the country’s AI transformation. appeared first on Stories ..read more

The post Azure will be the first cloud to offer Cohere’s latest LLM, as we build on our commitment to offer customers the broadest selection of state of the art and open source models. appeared first on Stories ..read more