Microsoft Eyes First Record in Nearly a Year as AI Rally Builds
Microsoft Corp. shares are on pace to close at their first record in nearly a year as the software makerโs four-month rally gains momentum.
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Microsoft Corp. shares are on pace to close at their first record in nearly a year as the software makerโs four-month rally gains momentum.
The Trump administration continues to crack down on immigration, with new restrictions on the H-1B visa programme. US Vice President JD Vance singled out Microsoft as having abused the system to recruit low-cost foreign workers, to the detriment of the American workforce. The tech giant has defended its hiring practices. Also in the show: Germany could join a UK-led fighter jet development programme, months after pulling out of a joint French project.ย
The Trump administration said it would suspend an immigration program for multiple tech firms that allows foreign workers to obtain green cards, including Microsoft, alleging widespread abuse of a worker visa system. Ed Ludlow has more. (Source: Bloomberg)
Visa probe also targets universities for allegedly exploiting international students to reduce US wage costs.
Microsoft unveiled on Wednesday an AI coding model that can run directly on personal computers and new security technology to prevent AI agents from accessing data without permission, challenging Apple's push to bring more AI into personal devices.
The EU's trade commissioner, Maros Sefcovic, arrived in Beijing this Thursday for two days of talks with his Chinese counterpart Wang Wentao. Sefcovic stated his goal of "rebalancing" an "unsustainable trade deficit". One particular area of concern is the auto sector, where Chinese hybrid vehicles have increased their European market share to 25 percent. Also in this edition: Microsoft unveils its new AI-powered PCs in a bid to rival Apple.
Uruguay's AI for Good Lab, a government partnership with Microsoft, has built eight AI tools for state bodies in six months. Three are already finished. The post Uruguay AI Lab With Microsoft Builds 8 State Projects appeared first on The Rio Times.
The billionaire cofounder of Microsoft says, without restrictions, AI could 'cause a billion deaths'.
Mustafa Suleyman says he believes rival AI firm Anthropic is in effect teaching Claude it "may be conscious".