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Microsoft can’t keep up with demand for AI in the cloud — for now

CIO Business Intelligence

When Microsoft posted its quarterly earnings last week, its CFO Amy Hood said that customers wanted more cloud compute for their AI workloads than the company could supply. Microsoft posted revenue of $61.9 Microsoft is not unique,” said Semianalysis’ Patel. billion for the quarter, up 17% year on year, of which $26.7

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Seattle founder Vetri Vellore, who sold last startup to Microsoft, raises $26M for new AI company

GeekWire

Microsoft acquired the startup in 2021 and Vellore spent the past two years as a corporate vice president at the Redmond tech giant. Rhythms aims to help companies that are tightening budgets but still trying to achieve sustained growth with the same or less headcount. “It feels like all the stars are aligning now.”

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Get Microsoft Project 2021 for Just $30

Tech Republic

The premier project management tool from Microsoft is on sale for a one-time payment of just $29.99 — a fraction of the $249 list price.

Microsoft 111
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Madrona backs WaFd Bank spinout developing consumer software for regional banks

GeekWire

A new banking software startup spun out of Washington Federal Bank (WaFd) wants to help digitize consumer-facing products used by regional banks across the U.S. The idea was to help develop and deploy new software at a faster rate. Many banks are hesitant to make a transition from their current software provider.

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Can Auto CIOs Transform Their Companies Into Software Companies?

The Accidental Successful CIO

The best auto software will determine who controls the future of cars Image Credit: Mirko Tobias Schäfer. More and more the cars that we drive are being controlled and run by software. More and more the cars that we drive are being controlled and run by software. Think about the car that you are currently driving.

Company 130
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Madrona leads $4.9M round for Stratify, a new fintech startup that aims to automate budgeting

GeekWire

The startup aims to automate the budgeting and forecasting process, replacing legacy software used by various types of companies. Camposano arrived at the software startup a few months later. He previously spent 12 years at Deutsche Bank and nearly four years at Concur, the travel expense giant that sold to SAP for $8.3

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Computing at the edge of space: HPE and Microsoft conduct International Space Station experiments

GeekWire

Microsoft Azure corporate vice president. ” For Microsoft, the project is part of a larger effort called Azure Space that also includes partnerships with SpaceX and others. .” ” For Microsoft, the project is part of a larger effort called Azure Space that also includes partnerships with SpaceX and others.

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