Microsoft has declared a new company-wide reorganization, with the establishment of a fresh unit called "Microsoft AI" under the direction of Mustafa Suleyman, a co-founder of DeepMind and Inflection. This new division will oversee products like Bing, Edge, Copilot, and possibly Windows.
Category: Microsoft Company
Microsoft will host an event on Windows, Surface and AI this May
Microsoft has issued an invitation to the media for an exclusive event on May 20, building excitement ahead of its highly anticipated Build 2024 conference. The event promises a presentation from the Microsoft CEO Satya Nadella as he delves into the boundless potential of AI in both hardware and software.
Microsoft officially announced Build 2024 to be held from May 21 to 23
The Microsoft Developers account on X* has officially confirmed that the highly anticipated annual developer conference, Build 2024, is set to take place from May 21 to 23.
Microsoft will provide news media companies with AI options
Several media companies and journalism schools have been offered access to secure and reliable generative AI services by Microsoft. The company has done this move in response to concerns about the potential misuse of generative AI models. For example, to create misleading news stories, images, and videos that can manipulate public opinion.
Microsoft lays off 1,900 employees at Activision Blizzard and Xbox
Microsoft plans to lay off 1,900 employees in its gaming division, which is approximately 8% of Microsoft Gaming's workforce. Most of the layoffs included employees of the recently acquired company Activision Blizzard. The Xbox and ZeniMax teams will also lose some employees.
Microsoft became the 2nd company in the world with a market capitalization of $3 trillion
Microsoft's market capitalization surpassed $3 trillion for the first time. It’s the second company, after Apple, to reach the milestone valuation after stock in Microsoft climbed 1.5 percent in trading on the NASDAQ on Wednesday.
Microsoft is building a team to create small cheap AI models
Microsoft is doing advanced efforts to expand its presence in the AI market by developing smaller and more affordable models. To oversee these initiatives, the company is establishing a dedicated team.
Microsoft confiscates domains used to sell fraudulent Outlook accounts
Microsoft's Digital Crimes Unit has taken control of numerous domains utilized by the Vietnamese criminal gang Storm-1152, which illicitly registered over 750 million counterfeit Outlook accounts and profited millions of dollars from their sale.
On December 31, Microsoft will close the Windows Insider MVP program
Being in process of internal restructuring and team optimization, Microsoft has made the decision to discontinue the Windows Insider MVP program, effective December 31, 2023.
Microsoft closes deal to buy Activision Blizzard
Microsoft announced on October 13th that it has successfully acquired Activision Blizzard, marking a significant milestone for the corporation. With this purchase, Microsoft now holds full ownership of all internal studios and publisher intellectual property. The massive deal, with a staggering value of $68.7 billion, stands as the gaming industry's largest acquisition to date.
