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Microsoft announces $3.3 billion investment in Wisconsin to spur artificial intelligence innovation and economic growth

Retrieved on: 
Wednesday, May 8, 2024
Education, Green Bay Packers, University, RUSD, Ecosystem, Investment, STEAM, Partnership, Water, United Way, Cloud computing, Curriculum, Environment, First officer (aviation), Microsoft, Workforce, Multimedia, National Grid, Creativity, Temperature, Student, Quality of life, Gateway Technical College, Racine Unified School District, Organization, Renewable energy

MOUNT PLEASANT, Wis., May 8, 2024 /PRNewswire/ -- Microsoft today announced a broad investment package designed to strengthen the role of Southeast Wisconsin as a hub for AI-powered economic activity, innovation, and job creation. These investments include $3.3B in cloud computing and AI infrastructure, the creation of the country's first manufacturing-focused AI co-innovation lab, and an AI skilling initiative to equip more than 100,000 of the state's residents with essential AI skills. President Joe Biden will join Microsoft President Brad Smith at Gateway Technical College to announce the new investment.

Key Points: 
  • President Joe Biden will join Microsoft President Brad Smith at Gateway Technical College to announce the new investment.
  • "Wisconsin has a rich and storied legacy of innovation and ingenuity in manufacturing," said Brad Smith, Vice Chair and President of Microsoft.
  • "Microsoft is a blue-chip corporation that recognizes the strength of Wisconsin's workers, infrastructure, economy, and our quality of life.
  • Microsoft has chosen to locate and invest here because they know the future is here in Wisconsin."

Microsoft and LinkedIn release the 2024 Work Trend Index on the state of AI at work

Retrieved on: 
Wednesday, May 8, 2024
Lead, Organization, Learning, Investment, ChatGPT, Risk, AI, Research, Workload, Engineering, Microsoft, Workforce, Creativity, Aptitude, Fortune 500, Great Resignation

REDMOND, Wash., May 8, 2024 /PRNewswire/ -- On Wednesday, Microsoft Corp. and LinkedIn released the 2024 Work Trend Index, a joint report on the state of AI at work titled, "AI at work is here. Now comes the hard part." The research — based on a survey of 31,000 people across 31 countries, labor and hiring trends on LinkedIn, trillions of Microsoft 365 productivity signals, and research with Fortune 500 customers — shows how, just one year in, AI is influencing the way people work, lead and hire around the world. Microsoft also announced new capabilities in Copilot for Microsoft 365, and LinkedIn made free more than 50 learning courses for LinkedIn Premium subscribers designed to empower professionals at all levels to advance their AI aptitude.1

Key Points: 
  • LinkedIn is seeing a significant increase in professionals adding AI skills to their profiles, and most leaders say they wouldn't hire someone without AI skills.
  • "AI is democratizing expertise across the workforce," said Satya Nadella, chairman and CEO, Microsoft.
  • Microsoft is also announcing Copilot for Microsoft 365 innovations to help people get started with AI.
  • To learn more, visit the Official Microsoft Blog , the 2024 Work Trend Index Report , and head to LinkedIn to hear more from the company's Chief Economist, Karin Kimbrough.

Axel Springer and Microsoft expand partnership across advertising, AI, content and Azure services

Retrieved on: 
Monday, April 29, 2024
Cloud, BILD, POLITICO, Advertising, WELT, Axel Springer, Partnership, API, Cloud computing, Life, Ad Lib, Inc., Microsoft, Work, Journalism, Business Insider, Azure, Microsoft Advertising, SAP, Video game

REDMOND, Wash., and BERLIN, April 29, 2024 /PRNewswire/ -- Axel Springer SE and Microsoft Corp. have announced an expanded, multifaceted partnership across advertising, AI, content and cloud computing. The cooperation aims to leverage cutting-edge innovation to support independent journalism around the world. 

Key Points: 
  • REDMOND, Wash., and BERLIN, April 29, 2024 /PRNewswire/ -- Axel Springer SE and Microsoft Corp. have announced an expanded, multifaceted partnership across advertising, AI, content and cloud computing.
  • In addition, Microsoft Start-MSN users will have access to more premium content from Axel Springer's news brands, and Axel Springer will migrate its SAP solutions to Microsoft Azure.
  • Powering new AI experiences and monetization: Axel Springer will partner with Microsoft to pilot new innovative AI-driven chat experiences to better inform and engage their users with Axel Springer's journalistic content.
  • Enhanced content offerings through Microsoft Start-MSN: Axel Springer is expanding its Microsoft Start-MSN partnership to provide users with access to more premium content from leading journalistic brands such as Business Insider, POLITICO, BILD and WELT, reaching millions of users across devices and markets.

Axel Springer and Microsoft expand partnership across advertising, AI, content and Azure services

Retrieved on: 
Monday, April 29, 2024
Cloud, BILD, POLITICO, Advertising, WELT, Axel Springer, Partnership, API, Cloud computing, Life, Ad Lib, Inc., Microsoft, Work, Journalism, Business Insider, Azure, Microsoft Advertising, SAP, Video game

REDMOND, Wash., and BERLIN, April 29, 2024 /PRNewswire/ -- Axel Springer SE and Microsoft Corp. have announced an expanded, multifaceted partnership across advertising, AI, content and cloud computing. The cooperation aims to leverage cutting-edge innovation to support independent journalism around the world. 

Key Points: 
  • REDMOND, Wash., and BERLIN, April 29, 2024 /PRNewswire/ -- Axel Springer SE and Microsoft Corp. have announced an expanded, multifaceted partnership across advertising, AI, content and cloud computing.
  • In addition, Microsoft Start-MSN users will have access to more premium content from Axel Springer's news brands, and Axel Springer will migrate its SAP solutions to Microsoft Azure.
  • Powering new AI experiences and monetization: Axel Springer will partner with Microsoft to pilot new innovative AI-driven chat experiences to better inform and engage their users with Axel Springer's journalistic content.
  • Enhanced content offerings through Microsoft Start-MSN: Axel Springer is expanding its Microsoft Start-MSN partnership to provide users with access to more premium content from leading journalistic brands such as Business Insider, POLITICO, BILD and WELT, reaching millions of users across devices and markets.

Conduent Collaborates with Microsoft on Generative AI to Drive Innovation in Business Process Solutions

Retrieved on: 
Monday, April 29, 2024
Health Technology, Security, Health Insurance, Other Professional Services, Data Management, Insurance, Technology, Consulting, Business, Professional Services, General Health, Artificial Intelligence, Other Technology, Software, Health, Aircraft, AI, Machine learning, History, As a service, RPA, Automation, Microsoft, Conduent, Organization

Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced an innovation initiative with Microsoft that will use Microsoft Azure OpenAI Service to bring the power of generative AI to drive quality, productivity and faster cycle times for Conduent’s global clients.

Key Points: 
  • Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced an innovation initiative with Microsoft that will use Microsoft Azure OpenAI Service to bring the power of generative AI to drive quality, productivity and faster cycle times for Conduent’s global clients.
  • The innovative initiative initially is exploring generative AI implementation in healthcare claims management, customer service platforms and fraud detection, with three pilots underway.
  • By integrating generative AI into its client offerings and internal operations, Conduent builds on its longstanding history of delivering technologies and solutions that improve client operating and cost performance, enhance customer experience and optimize business processes.
  • Through this AI initiative, Conduent and Microsoft will be collaborating on multiple use cases across a variety of business processes.

The Estée Lauder Companies and Microsoft increase collaboration to power prestige beauty with generative AI

Retrieved on: 
Friday, April 26, 2024
Android, AI, EVP, Partnership, Research, Life, Synthetic media, Database, Marketing, ELC, IOS, Sales

NEW YORK and REDMOND, Wash., April 26, 2024 /PRNewswire/ -- The Estée Lauder Companies (ELC) and Microsoft Corp. on Friday announced the creation of an AI Innovation Lab as an expansion of their global strategic relationship. Leveraging cutting-edge generative AI capabilities in Microsoft's Azure OpenAI Service, the companies will work together to develop solutions that further empower ELC's more than 20 prestige beauty brands as they create closer consumer connections and increase speed to market with local relevancy. The AI Innovation Lab further positions both companies as leaders at the forefront of reimagining the beauty industry with generative AI.

Key Points: 
  • Leveraging cutting-edge generative AI capabilities in Microsoft's Azure OpenAI Service, the companies will work together to develop solutions that further empower ELC's more than 20 prestige beauty brands as they create closer consumer connections and increase speed to market with local relevancy.
  • The AI Innovation Lab further positions both companies as leaders at the forefront of reimagining the beauty industry with generative AI.
  • "We're proud to collaborate with The Estée Lauder Companies to provide not only a platform for AI innovation, but also deep partnership to bring these new innovations to life."
  • The AI Innovation Lab represents a deepening of the strategic relationship between ELC and Microsoft, which began in 2017.

Microsoft earnings press release available on Investor Relations website

Retrieved on: 
Thursday, April 25, 2024
Microsoft, Multimedia, MSFT

REDMOND, Wash., April 25, 2024 /PRNewswire/ -- Microsoft Corp. on Thursday announced that fiscal year 2024 third-quarter financial results are available on its Investor Relations website.

Key Points: 

The Coca-Cola Company and Microsoft announce five-year strategic partnership to accelerate cloud and generative AI initiatives

Retrieved on: 
Tuesday, April 23, 2024
Cloud, The Coca-Cola Company, Partnership, First officer (aviation), Microsoft, Coca-Cola, Azure, Marketing, Microsoft Dynamics 365, Microsoft Power BI, Security (finance)

As part of the partnership, Coca-Cola has made a $1.1 billion commitment to the Microsoft Cloud and its generative AI capabilities.

Key Points: 
  • As part of the partnership, Coca-Cola has made a $1.1 billion commitment to the Microsoft Cloud and its generative AI capabilities.
  • The collaboration underscores Coca-Cola's ongoing technology transformation, underpinned by the Microsoft Cloud as Coca-Cola's globally preferred and strategic cloud and AI platform.
  • Through the partnership, the companies will jointly experiment with groundbreaking new technology like Azure OpenAI Service to develop innovative generative AI use cases across various business functions.
  • "Our partnership with Microsoft has grown exponentially, from the $250 million agreement we initially announced in 2020 to $1.1 billion today."

Cognizant and Microsoft Announce Global Partnership to Expand Adoption of Generative AI In the Enterprise, And Drive Industry Transformation

Retrieved on: 
Monday, April 22, 2024
USD, GitHub Copilot, Cognizant, Safety, Responsibility, AI, Health, Friction, Partnership, Research, Science, First officer (aviation), Synthetic media, Microsoft, Privacy, Research report, Work, GitHub, Media, Intellectual property, Security, Student, Synapse, Organization, Growth, Medical device

TEANECK, N.J., April 22, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) and Microsoft Corp. announced an expanded partnership with the goal of making Microsoft's generative AI and Copilots available to millions of users, to transform enterprise business operations, enhance employee experiences and accelerate cross-industry innovation. 

Key Points: 
  • Expanded partnership will leverage Microsoft Copilot and Cognizant's advisory and digital transformation services to help employees and enterprise customers operationalize generative AI and realize strategic business transformation.
  • This partnership also has the potential to significantly accelerate AI adoption and innovation in India.
  • In addition, Cognizant will work to deploy Microsoft 365 Copilot to a million users within their global 2000 clients and across 11 industries.
  • "Generative AI can be a game-changer for virtually every business in every industry, opening up new possibilities for innovation, efficiency and growth," said Ravi Kumar S, CEO, Cognizant.

Microsoft Invests $1.5 Billion in Abu Dhabi's G42 to Accelerate AI Development and Global Expansion

Retrieved on: 
Tuesday, April 16, 2024
Cloud, Public sector, Safety, Partnership, Microsoft, Privacy, Workforce, Azure, Microsoft Azure, Organization, Growth

G42 and Microsoft will collaborate to ensure the benefits of secure AI technologies and cloud capabilities are responsibly shared with growing economies globally.

Key Points: 
  • G42 and Microsoft will collaborate to ensure the benefits of secure AI technologies and cloud capabilities are responsibly shared with growing economies globally.
  • ABU DHABI, UAE and DALLAS, April 16, 2024 /PRNewswire/ -- G42, the leading UAE-based artificial intelligence (AI) technology holding company, and Microsoft today announced a $1.5 billion strategic investment by Microsoft in G42.
  • As part of this expanded partnership Brad Smith, Vice Chair and President of Microsoft, will join the G42 Board of Directors.
  • G42 will run its AI applications and services on Microsoft Azure and partner to deliver advanced AI solutions to global public sector clients and large enterprises.