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 combine Microsoft’s Dev Div and AI platform teams together,

Microsoft is creating a new engineering division, led by the former global head of engineering at Facebook (now Meta), that will be responsible for building fundamental AI technologies and tools for the company.

The Core AI group, run by Jay Parikh, will focus on AI, and AI agents in particular. Satya Nadella sees this technology as transforming applications.

Microsoft Corp (NASDAQ:MSFT) announced the creation of a new engineering organization called CoreAI—Platform and Tools. This new division will bring together the Dev Div, AI Platform, and some key teams from the Office of the CTO (AI Supercomputer,

Microsoft has created a new engineering org aimed at accelerating AI infrastructure and software development within the company.

Microsoft is forming a new group focused on developing AI apps and providing tools for third-party customers, the company announced Monday.

Microsoft Corp. is forming a new engineering group that will be led by Jay Parikh, a former Meta Platforms Inc. executive who joined the company last year. Microsoft Chief Executive Officer Satya Nadella announced the move today in a note to employees.

Companies will commonly split their stock after a strong run-up in price. While it doesn't change any of the underlying fundamentals of the company, it's a strong signal from management that it believes the stock will continue moving higher.

An AI company with a medium amount of risk is Nvidia. The semiconductor giant is seeing demand go through the roof as its customers spend aggressively to win in this nascent market. Nvidia's revenue is up 320% in the last three years, with its data center revenue growing 112% year over year last quarter to $30.8 billion.

Senators Elizabeth Warren and Michael Bennet have questioned major tech executives, including OpenAI's Sam Altman, about their recent donations to President-elect Donald Trump's inaugural fund.

Billionaire philanthropist and Microsoft co-founder Bill Gates reflected on a recent dinner he had with President-elect Trump in an interview with the Wall Street Journal, saying he was “impressed” by the former president.

The 69-year-old revealed he had a dinner with the incoming president, a meetup that left the billionaire very 'impressed' when it was over.