Search Results for: Microsoft

Palm NFT Studio Receives $27M in Series B Financing Led by Microsoft M12

Palm NFT Studio, co-founded by ConsenSys founder and Ethereum co-founder Joseph Lubin, received a total of US$27 million in Series B financing led by Microsoft-led venture fund M12. The funds obtained this time will support the continuous development and expansion of Palm NFT Studio’s technology platform; and launch more NFT projects with leading creators in … Continue reading Palm NFT Studio Receives $27M in Series B Financing Led by Microsoft M12

Microsoft Acquires Activision Blizzard for $68.7B, Enters Metaverse

On Tuesday, January 18, Microsoft announced that it has acquired Activision Blizzard, a game development leader and interactive entertainment content publisher, for $68.7 billion. The acquisition means Microsoft enjoy access to the Metaverse, accelerating Microsoft’s gaming business in mobile, PC, consoles and the cloud.  The acquisition will be in the form of a stock purchase, with … Continue reading Microsoft Acquires Activision Blizzard for $68.7B, Enters Metaverse

Metaverse Gaming Features Already Exist in Web2, Says Microsoft Gaming Boss

The entire concept of the Metaverse and Web3.0 might be new to outsiders, but gamers it has been living in this reality for years.  Phil Spencer, the Chief Executive Officer of Microsoft Gaming, revealed this position in an interview with Bloomberg Studio 1.0, highlighting that gamers nowadays do not really understand the thrill of the … Continue reading Metaverse Gaming Features Already Exist in Web2, Says Microsoft Gaming Boss

JPMorgan Hires Former Microsoft Executive Tahreem Kampton to Its Digital Assets-Related Payments Group

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Space and Time Secures $20 Million Strategic Funding Led by Microsoft’s M12 to Automate the World’s Business Logic

New York City,, United States, 27th September, 2022, Chainwire   Space and Time, a Web3-native data platform that empowers the trustless automation of business logic through patent-pending Proof of SQL cryptography, has secured $20 million in strategic funding from marquee investors led by Microsoft’s M12 fund. Other investors participating in the funding round include Framework … Continue reading Space and Time Secures $20 Million Strategic Funding Led by Microsoft’s M12 to Automate the World’s Business Logic

Microsoft developing Web3 wallet for Edge browser

It would seem that Microsoft is working on a new Web3 wallet that will handle cryptocurrencies and NFTs. This wallet will be integrated into the Edge web browser. The wallet, the development of which has just begun, will be noncustodial, which means that Microsoft will not have access to users’ passwords or recovery keys. Also, … Continue reading Microsoft developing Web3 wallet for Edge browser

Italy Bans Microsoft-Backed AI Chatbot

Italy’s decision to ban the Microsoft-backed AI chatbot, ChatGPT, has caused controversy within the tech industry and the country. The Italian deputy prime minister, Matteo Salvini, criticized the ban as excessive and potentially damaging to national business and innovation. The ban followed concerns raised by Italy’s national data agency about possible privacy violations and failure … Continue reading Italy Bans Microsoft-Backed AI Chatbot

Space and Time and Microsoft Make Blockchain Data Accessible on Azure Marketplace

Seattle, United States, April 19th, 2023, Chainwire Space and Time and Microsoft announce that developers can now deploy the Space and Time data warehouse directly from the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. The one-click deployment provides customers with an accelerated on-ramp to easily access, manage and perform analytics on … Continue reading Space and Time and Microsoft Make Blockchain Data Accessible on Azure Marketplace

Microsoft Develops Secret AI Chips to Reduce Development Costs

In an effort to reduce development costs for in-house and OpenAI projects, Microsoft has reportedly been developing its own artificial intelligence (AI) chips in secret. The project, called “Athena,” has been in the works since 2019 and appears to be designed to reduce the company’s reliance on Nvidia’s GPUs. According to a Google search, Nvidia’s … Continue reading Microsoft Develops Secret AI Chips to Reduce Development Costs

Microsoft Signs Multi-Billion Dollar Deal with Nvidia-Backed CoreWeave, Former Ethereum Miner, for AI Computing

According to CNBC, Microsoft is set to expand its footprint in the artificial intelligence (AI) sector with a multi-billion dollar deal with CoreWeave, a cloud computing startup once known for its Ethereum mining operations. Microsoft’s investment follows the recent AI boom sparked by the introduction of OpenAI’s ChatGPT. While specific deal figures have not been … Continue reading Microsoft Signs Multi-Billion Dollar Deal with Nvidia-Backed CoreWeave, Former Ethereum Miner, for AI Computing

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