The Washington-headquartered tech giant’s fiscal fourth quarter earnings beat analysts’ expectations on the top and bottom lines, setting the company on track to become the second in the world to reach a $4 trillion valuation.
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Microsoft set for $4 trillion market cap in Q4 on cloud, AI strength
The Washington-headquartered tech giant’s fiscal fourth quarter earnings beat analysts’ expectations on the top and bottom lines, setting the company on track to become the second in the world to reach a $4 trillion valuation. Read the full story
Meta to spend up to $72B on AI infrastructure in ‘25
The California-based tech conglomerate is ramping up the construction of its AI technical facilities. Read here
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Figma’s IPO hits $19.3B valuation out of the gate
The California-based design software firm will begin trading on the New York Stock Exchange this week. Read here
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OpenAI reportedly hits $12B in annual revenue
The ChatGPT maker roughly doubled its revenue in the first seven months of the year, the Information said. Read here
