Microsoft is taking a 4% stake in the London Stock Exchange Group and will host the exchange’s data on its cloud servers for 10 years. The deal underscores the growing importance of computers and data analytics to the financial markets and the demand from investors for faster and better data. The Exchange also promised to spend at least $2.8 billion on Microsoft’s cloud services an support...
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Microsoft Might Keep Losing in Search and Still Win
Could Microsoft win even if it loses in the next chapter of internet search? That was the question running through my head at an event in Redmond, Wash., earlier today, where Microsoft confirmed reporting from The Information and others when it announced it will remake its Bing search engine using artificial intelligence technology from OpenAI. The new and improved...
Goldman Sachs Asset Management Closes $5.2 Billion Growth Fund
Twitter’s Head of Revenue Strategy & Operations Departs
Meta Beginning Effort to Trim Managerial Ranks
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