Microsoft has made an undisclosed equity investment in Veeam Software as part of an expanded partnership to develop artificial intelligence products, Reuters reports. Veeam's software specializes in helping customers recover data after cybersecurity incidents, ransomware attacks, or accidental data loss. Its core product supports immutable backups, preventing ransomware

Adobe has released a free version of its Photoshop app for iPhones, marking the first time the popular image editing software is available at no cost, Reuters reports. A paid version is also available for $7.99 per month, offering additional features and access to cloud storage and the web-based

Nvidia, the dominant force in the AI chip market, reported mixed fourth-quarter results, underscoring the growing challenges in a rapidly evolving industry. While the company exceeded revenue expectations, its outlook for the current quarter and profit margins dampened investor enthusiasm, Bloomberg reported. Despite posting strong fourth-quarter sales, Nvidia's

Europe's AI-linked stocks experienced a second consecutive day of losses, fueled by uncertainty surrounding Microsoft's data center leasing plans, Reuters reports. This follows a weekend analyst note suggesting a slowdown in Microsoft's data center expansion, impacting sentiment ahead of crucial earnings reports from Nvidia,

Onsemi, a semiconductor company, is restructuring its workforce, cutting approximately 2,400 jobs, or about 9% of its staff, as reported by The Wall Street Journal. This move follows a less optimistic outlook for early 2025 and aims to streamline finances while fostering innovation in a competitive landscape. The job

Meta Platforms is reportedly in advanced talks to build a new data center campus for its artificial intelligence projects, with potential costs exceeding $200 billion, Reuters reports, citing The Information. Discussions are underway to construct the campus in states including Louisiana, Wyoming, and Texas. The Information reported that senior leaders

Intuit, the maker of TurboTax, raised its revenue forecast for the third quarter, citing strong demand for its AI-powered financial software, Reuters reports. The company's shares rose nearly 5% in extended trading following the announcement. Intuit's Chief Financial Officer, Sandeep Aujla, expressed optimism about the full

Apple shareholders have voted to uphold the tech giant's diversity, equity, and inclusion (DEI) policies, rejecting a proposal from a conservative group, Reuters reports. This decision comes amidst a growing backlash against such initiatives, particularly following Donald Trump's return to the political stage. The vote, which