Tag : Microsoft

Business

Modi unveils 2047 tax holiday to grow India data centres

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MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads using data centre services based in India, a long-horizon incentive...
Technology

Microsoft launches Maia 200 chip for Azure AI inference

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MENA Newswire, SAN FRANCISCO: Microsoft on Jan. 26 introduced Maia 200, the second generation of its in-house artificial intelligence accelerator, built to run AI models in production across Azure data centres. The company said Maia 200 is designed...
Alphabet market value surges beyond $4 trillion mark
Business

Alphabet becomes fourth company to cross $4 trillion valuation

manamalive.com
MENA Newswire, SAN FRANCISCO: Shares of Alphabet Inc. rose sharply on Monday, lifting the Google parent’s market capitalization above $4 trillion for the first time and placing it among a small group of companies to reach that valuation threshold....
Modi and Trump launch talks for new India US trade agreement
Business

Modi and Trump launch talks for new India US trade agreement

manamalive.com
Indian Prime Minister Narendra Modi and U.S. President Donald Trump have agreed to commence negotiations on a bilateral trade agreement, marking a significant step in strengthening trade ties between the two nations. Announced during Modi’s...
Amazon plans $100 billion AI investment to stay ahead in tech race
Business

Amazon plans $100 billion AI investment to stay ahead in tech race

manamalive.com
Amazon has announced plans to increase its capital expenditures to $100 billion in 2025, marking a significant investment in artificial intelligence and cloud infrastructure. The tech giant’s spending surge follows its 2024 capex of approximately...
Nvidia shares rise as Alphabet boosts AI investments for 2025
Business

Nvidia shares rise as Alphabet boosts AI investments for 2025

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Nvidia's stock surged over 4% on Wednesday, rebounding from last week's sell-off as concerns over China's DeepSeek AI model failed to dampen Big Tech's spending on artificial intelligence infrastructure. The stock's rise follows Alphabet's announcement...
Nvidia shares fall 14 percent as DeepSeek sparks AI competition fears
Business

Nvidia shares fall 14 percent as DeepSeek sparks AI competition fears

manamalive.com
Nvidia shares dropped 14% in premarket trading on Monday, leading a widespread sell-off in global technology stocks after Chinese AI startup DeepSeek revealed advancements that raised concerns about the competitive landscape in artificial intelligence. The...
Microsoft spurs quantum stock rally with 2025 'quantum-ready' initiative
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Microsoft spurs quantum stock rally with 2025 ‘quantum-ready’ initiative

manamalive.com
Quantum computing stocks surged on Wednesday after Microsoft unveiled its directive urging businesses to become "quantum-ready" by 2025. The announcement, paired with broader investor optimism fueled by easing inflation data, led to significant gains for...
Microsoft to invest $80 billion in AI data centers by June 2025
Business

Microsoft to invest $80 billion in AI data centers by June 2025

manamalive.com
Microsoft has announced plans to invest $80 billion in AI-enabled data centers during its current fiscal year, which ends in June 2025. More than half of this investment is allocated to the United States, reinforcing...
Trump appoints Indian-American Sriram Krishnan as AI policy advisor
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Trump appoints Indian-American Sriram Krishnan as AI policy advisor

manamalive.com
President-elect Donald Trump has appointed Indian-American entrepreneur Sriram Krishnan as Senior White House Policy Advisor on Artificial Intelligence (AI). Krishnan is set to collaborate with David Sacks, who has been named White House AI and...