The deal positions Snowflake to compete with Databricks in AI while giving OpenAI enterprise distribution beyond Microsoft’s ecosystem.

The focus of this new AI accelerator is inference— the production deployment of AI models in applications. Its architecture combines high compute performance with a newly designed memory system and a ...

Microsoft beat consensus on the top and bottom lines, as cloud growth moderated. The company had $37.5 billion in quarterly capital expenditures and finance leases, above Wall Street's $34.3 billion ...