Wednesday, July 26, 2023

Microsoft Q4 results: Revenue rises to $56.2 billion, AI spending soars

Costs rose sharply as Microsoft built new data centers to support AI, and chief financial officer Amy Hood said on a conference call with analysts the company's capital expenditures would continue rising each quarter throughout fiscal 2024.

from Tech-Economic Times https://ift.tt/02lSpdr
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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...