Investor letter: TCI, one of the world's biggest hedge funds, cut almost all of its $8B Microsoft stake, citing AI risks primarily for Office and some for Azure
Investor letter: TCI, one of the world's biggest hedge funds, cut almost all of its $8B Microsoft stake, citing AI risks primarily for Office and some for Azure
TCI has cut its position in tech giant from 10% to 1% — Sir Christopher Hohn's hedge fund TCI has dumped almost all of its $8bn stake …
Perplexity signs a deal with Microsoft; sources say the $750M, three-year commitment will let Perplexity deploy AI models through Microsoft's Foundry service
AI startup Perplexity signed a $750 million deal with Microsoft Corp. to use its Azure cloud service, spreading its business beyond longtime cloud partner Amazon.com Inc.
Microsoft and trade group CISPE agree a deal to settle CISPE's antitrust complaint; CISPE members can run software on Azure at prices equivalent to Microsoft's
Foo Yun Chee / Reuters :
Source: Microsoft agreed to pay Inflection ~$650M when hiring its staff, mostly via a licensing deal that makes Inflection's models available for sale on Azure
Sources: LinkedIn shelves its effort, announced in 2019, to relocate its data centers out of its physical facilities and into Azure, a setback for Microsoft
- LinkedIn called off a plan to move technology to Microsoft Azure, a setback for its parent company, which is chasing Amazon Web Services.
Valtix, which helps companies secure application environments in AWS, Azure, and GCP, raises $12.5M from Cisco Investments, Northgate Capital, and others
Valtix has closed a $12.5 million strategic funding round from Cisco Investments, Northgate Capital and The Syndicate Group (TSG) …
Israeli startup Orca Security, which provides security for multi-cloud deployments on AWS, Azure, and GCP, raises $20M Series A led by GGV Capital
Orca Security, an Israeli cloud security firm that focuses on giving enterprises better visibility into their multi-cloud deployments on AWS …
Salesforce says it will use Microsoft's Azure for its Marketing Cloud service, signaling a thaw in a complicated relationship
Jordan Novet / CNBC :
Salesforce says it will use Microsoft's Azure for its Marketing Cloud service, signaling a thaw in a complicated relationship
- Salesforce will deploy its Marketing Cloud service on Microsoft's Azure public cloud infrastructure. — Salesforce already uses Amazon Web Services …