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Longtime Microsoft hardware leader Panos Panay is leaving the company after 19 years

GeekWire

Panos Panay, the Microsoft chief product officer overseeing the Windows and Devices division, introduces Windows Copilot at Microsoft Build in May. The company announced his departure in an internal email Monday. “I’m forever grateful for my time at Microsoft and the amazing people I had the honor to make products with.”

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Capital spending soars in the cloud as Microsoft, Google, and others bet big on AI demand

GeekWire

These servers inside a Microsoft data center in Quincy, Wash., were the first to be powered by the company’s Azure Cobalt 100 CPU, as part of a broader cloud infrastructure buildout. Microsoft’s capital expenditures rose 79% to a record $14 billion in the March quarter. billion in revenue. What about Amazon?

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Report: Departing Microsoft exec Panos Panay set to lead Amazon’s Alexa and Echo business

GeekWire

Panos Panay was the longtime leader of Microsoft’s hardware and devices business, whose responsibilities were expanded to include oversight of the Windows and Devices division. Microsoft announced Panay’s surprise departure earlier Monday morning. The news comes during a pivotal week for both companies.

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After reaching $40B in revenue in record time, Amazon Web Services hints at its own reinvention

GeekWire

Amazon Web Services CEO Andy Jassy with a chart showing AWS revenue growth at the company’s virtual re:Invent conference this week. Jassy showed stats that put AWS’s share of the cloud infrastructure market at 45%, more than double its closest competitor, Microsoft Azure. Screenshot via webcast). A recent U.S.

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Microsoft reports a Majorana development in its quest to build quantum computers

GeekWire

(Photo by John Brecher for Microsoft). Microsoft says its researchers have found evidence of an exotic phenomenon that’s key to its plans to build general-purpose quantum computers. Microsoft has chosen a particularly exotic technological strategy, which involves inducing quantum states on topological superconducting wires.

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Microsoft cloud revenue up 22%, Windows business plunges 27% in first report since job cuts

GeekWire

GeekWire File Photo Microsoft’s revenue rose 2% to $52.7 billion, not counting a special charge related to its layoffs — providing a glimpse of the growing economic uncertainty that the company cited in announcing the cutbacks last week. GeekWire File Photo Microsoft’s revenue rose 2% to $52.7 billion to $51.5

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How Nvidia became a trillion-dollar company

CIO Business Intelligence

It was when Nvidia reported strong results for the three months to April 30, 2023, and forecast that its sales could jump by 50% in the following fiscal quarter, that its stock market valuation soared, catapulting it into the exclusive trillion-dollar club alongside well-known tech giants Alphabet, Amazon, Apple, and Microsoft.

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