In the volatile tech sector, major players like Meta and Microsoft are continuing their strategic workforce reductions, ...

Hedge fund billionaires Stephen Mandel and Louis Bacon sold shares of Microsoft and bought shares of Meta Platforms in the third quarter. Microsoft's artificial intelligence business is on pace to ...

Microsoft is creating a new engineering group that’s focused on artificial intelligence. Led by former Meta engineering chief Jay Parikh, the new CoreAI – Platform and Tools division will ...

Also Read: Microsoft, Salesforce Battle Heats Up As AI Agent Technology Takes Center Stage Former Meta Platforms Inc executive ... Office 365 productivity suite, and more profitable Games and ...

Stephen Mandel of Lone Pine Capital sold 364,426 shares of Microsoft, reducing his position by 18%. He also bought 496,900 shares of Meta Platforms ... Microsoft's AI business is expected to ...