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Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

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Artificial Intelligence

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January 14, 2025

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Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

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January 14, 2025

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Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

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Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

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Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

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December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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December 19, 2024

Artificial Intelligence

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August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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August 15, 2024

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December 23, 2024

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Follow The Distributed

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\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

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By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

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December 23, 2024

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Type your email here

>

Follow The Distributed

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\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

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November 24, 2024

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December 19, 2024

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Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

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December 23, 2024

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>

Follow The Distributed

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\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

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December 23, 2024

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>

Follow The Distributed

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\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

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Banking

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December 23, 2024

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Follow The Distributed

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\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

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December 23, 2024

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Follow The Distributed

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\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

The company states in a blog post about this new development, \u201cAzure AI Foundry is a trusted platform that empowers developers to drive innovation and shape the future with AI in a safe, secure, and responsible way.\u201d<\/em><\/strong> <\/p>\n\n\n\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

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Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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August 15, 2024

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December 23, 2024

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\n

American tech company Microsoft recently announced an update to its Azure AI Studio platform. This new platform will be called Microsoft Azure AI Foundry, and the company is looking to expand its AI strategies for developers.<\/p>\n\n\n\n

The company states in a blog post about this new development, \u201cAzure AI Foundry is a trusted platform that empowers developers to drive innovation and shape the future with AI in a safe, secure, and responsible way.\u201d<\/em><\/strong> <\/p>\n\n\n\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

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Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

Speaking on the potential AI holds for Australia and New Zealand\u2019s economy, Steven Worrall, Managing Director at Microsoft Australia and New Zealand, said, \u201cAI is a new general-purpose technology that can boost productivity across every sector and create new markets. We need to ensure that as many people as possible can access and benefit from the technology.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft\u2019s Latest Initiative Set To Train 1 Million People In AI\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsofts-latest-initiative-set-to-train-1-million-people-in-ai","to_ping":"","pinged":"","post_modified":"2025-01-11 05:38:23","post_modified_gmt":"2025-01-10 18:38:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20001","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19719,"post_author":"17","post_date":"2024-11-24 23:06:08","post_date_gmt":"2024-11-24 12:06:08","post_content":"\n

American tech company Microsoft recently announced an update to its Azure AI Studio platform. This new platform will be called Microsoft Azure AI Foundry, and the company is looking to expand its AI strategies for developers.<\/p>\n\n\n\n

The company states in a blog post about this new development, \u201cAzure AI Foundry is a trusted platform that empowers developers to drive innovation and shape the future with AI in a safe, secure, and responsible way.\u201d<\/em><\/strong> <\/p>\n\n\n\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

This latest endeavor builds on Microsoft\u2019s long-term goal of creating an AI-skilled workforce. In 2023, the company started a two-year program for 300,000 Australians in digital skills. The recent advancements in AI are paving the way for a new economy, which will create new jobs. According to Microsoft, AI could create up to \u201c200,000 AI-related jobs in Australia alone by 2030.\u201d<\/p>\n\n\n\n

Speaking on the potential AI holds for Australia and New Zealand\u2019s economy, Steven Worrall, Managing Director at Microsoft Australia and New Zealand, said, \u201cAI is a new general-purpose technology that can boost productivity across every sector and create new markets. We need to ensure that as many people as possible can access and benefit from the technology.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft\u2019s Latest Initiative Set To Train 1 Million People In AI\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsofts-latest-initiative-set-to-train-1-million-people-in-ai","to_ping":"","pinged":"","post_modified":"2025-01-11 05:38:23","post_modified_gmt":"2025-01-10 18:38:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20001","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19719,"post_author":"17","post_date":"2024-11-24 23:06:08","post_date_gmt":"2024-11-24 12:06:08","post_content":"\n

American tech company Microsoft recently announced an update to its Azure AI Studio platform. This new platform will be called Microsoft Azure AI Foundry, and the company is looking to expand its AI strategies for developers.<\/p>\n\n\n\n

The company states in a blog post about this new development, \u201cAzure AI Foundry is a trusted platform that empowers developers to drive innovation and shape the future with AI in a safe, secure, and responsible way.\u201d<\/em><\/strong> <\/p>\n\n\n\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

AI-skilled Workforce<\/h2>\n\n\n\n

This latest endeavor builds on Microsoft\u2019s long-term goal of creating an AI-skilled workforce. In 2023, the company started a two-year program for 300,000 Australians in digital skills. The recent advancements in AI are paving the way for a new economy, which will create new jobs. According to Microsoft, AI could create up to \u201c200,000 AI-related jobs in Australia alone by 2030.\u201d<\/p>\n\n\n\n

Speaking on the potential AI holds for Australia and New Zealand\u2019s economy, Steven Worrall, Managing Director at Microsoft Australia and New Zealand, said, \u201cAI is a new general-purpose technology that can boost productivity across every sector and create new markets. We need to ensure that as many people as possible can access and benefit from the technology.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft\u2019s Latest Initiative Set To Train 1 Million People In AI\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsofts-latest-initiative-set-to-train-1-million-people-in-ai","to_ping":"","pinged":"","post_modified":"2025-01-11 05:38:23","post_modified_gmt":"2025-01-10 18:38:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20001","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19719,"post_author":"17","post_date":"2024-11-24 23:06:08","post_date_gmt":"2024-11-24 12:06:08","post_content":"\n

American tech company Microsoft recently announced an update to its Azure AI Studio platform. This new platform will be called Microsoft Azure AI Foundry, and the company is looking to expand its AI strategies for developers.<\/p>\n\n\n\n

The company states in a blog post about this new development, \u201cAzure AI Foundry is a trusted platform that empowers developers to drive innovation and shape the future with AI in a safe, secure, and responsible way.\u201d<\/em><\/strong> <\/p>\n\n\n\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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See Related: <\/em><\/strong>BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation<\/a><\/p>\n\n\n\n

AI-skilled Workforce<\/h2>\n\n\n\n

This latest endeavor builds on Microsoft\u2019s long-term goal of creating an AI-skilled workforce. In 2023, the company started a two-year program for 300,000 Australians in digital skills. The recent advancements in AI are paving the way for a new economy, which will create new jobs. According to Microsoft, AI could create up to \u201c200,000 AI-related jobs in Australia alone by 2030.\u201d<\/p>\n\n\n\n

Speaking on the potential AI holds for Australia and New Zealand\u2019s economy, Steven Worrall, Managing Director at Microsoft Australia and New Zealand, said, \u201cAI is a new general-purpose technology that can boost productivity across every sector and create new markets. We need to ensure that as many people as possible can access and benefit from the technology.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft\u2019s Latest Initiative Set To Train 1 Million People In AI\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsofts-latest-initiative-set-to-train-1-million-people-in-ai","to_ping":"","pinged":"","post_modified":"2025-01-11 05:38:23","post_modified_gmt":"2025-01-10 18:38:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20001","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19719,"post_author":"17","post_date":"2024-11-24 23:06:08","post_date_gmt":"2024-11-24 12:06:08","post_content":"\n

American tech company Microsoft recently announced an update to its Azure AI Studio platform. This new platform will be called Microsoft Azure AI Foundry, and the company is looking to expand its AI strategies for developers.<\/p>\n\n\n\n

The company states in a blog post about this new development, \u201cAzure AI Foundry is a trusted platform that empowers developers to drive innovation and shape the future with AI in a safe, secure, and responsible way.\u201d<\/em><\/strong> <\/p>\n\n\n\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

As part of this training program, Microsoft has promised to provide free resources through its platforms. These include Microsoft Learn, Viva Learning, LinkedIn, GitHub, and AI Skills Navigator. Microsoft has also said it will work with government institutions, businesses, and not-for-profit organizations to make the training relevant.<\/p>\n\n\n\n

See Related: <\/em><\/strong>BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation<\/a><\/p>\n\n\n\n

AI-skilled Workforce<\/h2>\n\n\n\n

This latest endeavor builds on Microsoft\u2019s long-term goal of creating an AI-skilled workforce. In 2023, the company started a two-year program for 300,000 Australians in digital skills. The recent advancements in AI are paving the way for a new economy, which will create new jobs. According to Microsoft, AI could create up to \u201c200,000 AI-related jobs in Australia alone by 2030.\u201d<\/p>\n\n\n\n

Speaking on the potential AI holds for Australia and New Zealand\u2019s economy, Steven Worrall, Managing Director at Microsoft Australia and New Zealand, said, \u201cAI is a new general-purpose technology that can boost productivity across every sector and create new markets. We need to ensure that as many people as possible can access and benefit from the technology.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft\u2019s Latest Initiative Set To Train 1 Million People In AI\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsofts-latest-initiative-set-to-train-1-million-people-in-ai","to_ping":"","pinged":"","post_modified":"2025-01-11 05:38:23","post_modified_gmt":"2025-01-10 18:38:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20001","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19719,"post_author":"17","post_date":"2024-11-24 23:06:08","post_date_gmt":"2024-11-24 12:06:08","post_content":"\n

American tech company Microsoft recently announced an update to its Azure AI Studio platform. This new platform will be called Microsoft Azure AI Foundry, and the company is looking to expand its AI strategies for developers.<\/p>\n\n\n\n

The company states in a blog post about this new development, \u201cAzure AI Foundry is a trusted platform that empowers developers to drive innovation and shape the future with AI in a safe, secure, and responsible way.\u201d<\/em><\/strong> <\/p>\n\n\n\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

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December 19, 2024

Artificial Intelligence

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August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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\n

\u201cMicrosoft has today launched a new AI Skills Initiative to help one million people in Australia and New Zealand secure the skills they need to thrive in the AI economy\u201d<\/em><\/strong>, the company confirmed in a blog post<\/a>. Microsoft hopes to achieve this goal by 2026.<\/p>\n\n\n\n

As part of this training program, Microsoft has promised to provide free resources through its platforms. These include Microsoft Learn, Viva Learning, LinkedIn, GitHub, and AI Skills Navigator. Microsoft has also said it will work with government institutions, businesses, and not-for-profit organizations to make the training relevant.<\/p>\n\n\n\n

See Related: <\/em><\/strong>BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation<\/a><\/p>\n\n\n\n

AI-skilled Workforce<\/h2>\n\n\n\n

This latest endeavor builds on Microsoft\u2019s long-term goal of creating an AI-skilled workforce. In 2023, the company started a two-year program for 300,000 Australians in digital skills. The recent advancements in AI are paving the way for a new economy, which will create new jobs. According to Microsoft, AI could create up to \u201c200,000 AI-related jobs in Australia alone by 2030.\u201d<\/p>\n\n\n\n

Speaking on the potential AI holds for Australia and New Zealand\u2019s economy, Steven Worrall, Managing Director at Microsoft Australia and New Zealand, said, \u201cAI is a new general-purpose technology that can boost productivity across every sector and create new markets. We need to ensure that as many people as possible can access and benefit from the technology.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft\u2019s Latest Initiative Set To Train 1 Million People In AI\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsofts-latest-initiative-set-to-train-1-million-people-in-ai","to_ping":"","pinged":"","post_modified":"2025-01-11 05:38:23","post_modified_gmt":"2025-01-10 18:38:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20001","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19719,"post_author":"17","post_date":"2024-11-24 23:06:08","post_date_gmt":"2024-11-24 12:06:08","post_content":"\n

American tech company Microsoft recently announced an update to its Azure AI Studio platform. This new platform will be called Microsoft Azure AI Foundry, and the company is looking to expand its AI strategies for developers.<\/p>\n\n\n\n

The company states in a blog post about this new development, \u201cAzure AI Foundry is a trusted platform that empowers developers to drive innovation and shape the future with AI in a safe, secure, and responsible way.\u201d<\/em><\/strong> <\/p>\n\n\n\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 Next

Most Read

Artificial Intelligence

Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud

January 14, 2025

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

>

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n

American tech company Microsoft has launched a new training initiative in Australia and New Zealand. This project will look to upskill 1 million people in Artificial Intelligence, helping them build AI systems and teaching them to use AI technology in daily activities. <\/p>\n\n\n\n

\u201cMicrosoft has today launched a new AI Skills Initiative to help one million people in Australia and New Zealand secure the skills they need to thrive in the AI economy\u201d<\/em><\/strong>, the company confirmed in a blog post<\/a>. Microsoft hopes to achieve this goal by 2026.<\/p>\n\n\n\n

As part of this training program, Microsoft has promised to provide free resources through its platforms. These include Microsoft Learn, Viva Learning, LinkedIn, GitHub, and AI Skills Navigator. Microsoft has also said it will work with government institutions, businesses, and not-for-profit organizations to make the training relevant.<\/p>\n\n\n\n

See Related: <\/em><\/strong>BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation<\/a><\/p>\n\n\n\n

AI-skilled Workforce<\/h2>\n\n\n\n

This latest endeavor builds on Microsoft\u2019s long-term goal of creating an AI-skilled workforce. In 2023, the company started a two-year program for 300,000 Australians in digital skills. The recent advancements in AI are paving the way for a new economy, which will create new jobs. According to Microsoft, AI could create up to \u201c200,000 AI-related jobs in Australia alone by 2030.\u201d<\/p>\n\n\n\n

Speaking on the potential AI holds for Australia and New Zealand\u2019s economy, Steven Worrall, Managing Director at Microsoft Australia and New Zealand, said, \u201cAI is a new general-purpose technology that can boost productivity across every sector and create new markets. We need to ensure that as many people as possible can access and benefit from the technology.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft\u2019s Latest Initiative Set To Train 1 Million People In AI\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsofts-latest-initiative-set-to-train-1-million-people-in-ai","to_ping":"","pinged":"","post_modified":"2025-01-11 05:38:23","post_modified_gmt":"2025-01-10 18:38:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20001","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19719,"post_author":"17","post_date":"2024-11-24 23:06:08","post_date_gmt":"2024-11-24 12:06:08","post_content":"\n

American tech company Microsoft recently announced an update to its Azure AI Studio platform. This new platform will be called Microsoft Azure AI Foundry, and the company is looking to expand its AI strategies for developers.<\/p>\n\n\n\n

The company states in a blog post about this new development, \u201cAzure AI Foundry is a trusted platform that empowers developers to drive innovation and shape the future with AI in a safe, secure, and responsible way.\u201d<\/em><\/strong> <\/p>\n\n\n\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Additionally, Microsoft Research (MSR) Lab unveiled a new AI Innovation Network that aims to convert research into practical business solutions.<\/p>\n","post_title":"Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-launches-3-billion-initiative-in-india-to-accelerate-growth-in-ai-and-cloud","to_ping":"","pinged":"","post_modified":"2025-01-14 03:17:44","post_modified_gmt":"2025-01-13 16:17:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20023","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":20001,"post_author":"17","post_date":"2025-01-11 05:38:12","post_date_gmt":"2025-01-10 18:38:12","post_content":"\n

American tech company Microsoft has launched a new training initiative in Australia and New Zealand. This project will look to upskill 1 million people in Artificial Intelligence, helping them build AI systems and teaching them to use AI technology in daily activities. <\/p>\n\n\n\n

\u201cMicrosoft has today launched a new AI Skills Initiative to help one million people in Australia and New Zealand secure the skills they need to thrive in the AI economy\u201d<\/em><\/strong>, the company confirmed in a blog post<\/a>. Microsoft hopes to achieve this goal by 2026.<\/p>\n\n\n\n

As part of this training program, Microsoft has promised to provide free resources through its platforms. These include Microsoft Learn, Viva Learning, LinkedIn, GitHub, and AI Skills Navigator. Microsoft has also said it will work with government institutions, businesses, and not-for-profit organizations to make the training relevant.<\/p>\n\n\n\n

See Related: <\/em><\/strong>BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation<\/a><\/p>\n\n\n\n

AI-skilled Workforce<\/h2>\n\n\n\n

This latest endeavor builds on Microsoft\u2019s long-term goal of creating an AI-skilled workforce. In 2023, the company started a two-year program for 300,000 Australians in digital skills. The recent advancements in AI are paving the way for a new economy, which will create new jobs. According to Microsoft, AI could create up to \u201c200,000 AI-related jobs in Australia alone by 2030.\u201d<\/p>\n\n\n\n

Speaking on the potential AI holds for Australia and New Zealand\u2019s economy, Steven Worrall, Managing Director at Microsoft Australia and New Zealand, said, \u201cAI is a new general-purpose technology that can boost productivity across every sector and create new markets. We need to ensure that as many people as possible can access and benefit from the technology.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft\u2019s Latest Initiative Set To Train 1 Million People In AI\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsofts-latest-initiative-set-to-train-1-million-people-in-ai","to_ping":"","pinged":"","post_modified":"2025-01-11 05:38:23","post_modified_gmt":"2025-01-10 18:38:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20001","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19719,"post_author":"17","post_date":"2024-11-24 23:06:08","post_date_gmt":"2024-11-24 12:06:08","post_content":"\n

American tech company Microsoft recently announced an update to its Azure AI Studio platform. This new platform will be called Microsoft Azure AI Foundry, and the company is looking to expand its AI strategies for developers.<\/p>\n\n\n\n

The company states in a blog post about this new development, \u201cAzure AI Foundry is a trusted platform that empowers developers to drive innovation and shape the future with AI in a safe, secure, and responsible way.\u201d<\/em><\/strong> <\/p>\n\n\n\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

During his speech, Nadella also mentioned Microsoft\u2019s partnership with India's SaaSBoomi to improve the country\u2019s SaaS ecosystem. Through this partnership, Microsoft is set to upskill more than 150,000 startup employees through focused workshops, create over 200,000 new jobs, and foster at least 5000 startups and 10000 entrepreneurs. <\/p>\n\n\n\n

Additionally, Microsoft Research (MSR) Lab unveiled a new AI Innovation Network that aims to convert research into practical business solutions.<\/p>\n","post_title":"Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-launches-3-billion-initiative-in-india-to-accelerate-growth-in-ai-and-cloud","to_ping":"","pinged":"","post_modified":"2025-01-14 03:17:44","post_modified_gmt":"2025-01-13 16:17:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20023","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":20001,"post_author":"17","post_date":"2025-01-11 05:38:12","post_date_gmt":"2025-01-10 18:38:12","post_content":"\n

American tech company Microsoft has launched a new training initiative in Australia and New Zealand. This project will look to upskill 1 million people in Artificial Intelligence, helping them build AI systems and teaching them to use AI technology in daily activities. <\/p>\n\n\n\n

\u201cMicrosoft has today launched a new AI Skills Initiative to help one million people in Australia and New Zealand secure the skills they need to thrive in the AI economy\u201d<\/em><\/strong>, the company confirmed in a blog post<\/a>. Microsoft hopes to achieve this goal by 2026.<\/p>\n\n\n\n

As part of this training program, Microsoft has promised to provide free resources through its platforms. These include Microsoft Learn, Viva Learning, LinkedIn, GitHub, and AI Skills Navigator. Microsoft has also said it will work with government institutions, businesses, and not-for-profit organizations to make the training relevant.<\/p>\n\n\n\n

See Related: <\/em><\/strong>BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation<\/a><\/p>\n\n\n\n

AI-skilled Workforce<\/h2>\n\n\n\n

This latest endeavor builds on Microsoft\u2019s long-term goal of creating an AI-skilled workforce. In 2023, the company started a two-year program for 300,000 Australians in digital skills. The recent advancements in AI are paving the way for a new economy, which will create new jobs. According to Microsoft, AI could create up to \u201c200,000 AI-related jobs in Australia alone by 2030.\u201d<\/p>\n\n\n\n

Speaking on the potential AI holds for Australia and New Zealand\u2019s economy, Steven Worrall, Managing Director at Microsoft Australia and New Zealand, said, \u201cAI is a new general-purpose technology that can boost productivity across every sector and create new markets. We need to ensure that as many people as possible can access and benefit from the technology.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft\u2019s Latest Initiative Set To Train 1 Million People In AI\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsofts-latest-initiative-set-to-train-1-million-people-in-ai","to_ping":"","pinged":"","post_modified":"2025-01-11 05:38:23","post_modified_gmt":"2025-01-10 18:38:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20001","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19719,"post_author":"17","post_date":"2024-11-24 23:06:08","post_date_gmt":"2024-11-24 12:06:08","post_content":"\n

American tech company Microsoft recently announced an update to its Azure AI Studio platform. This new platform will be called Microsoft Azure AI Foundry, and the company is looking to expand its AI strategies for developers.<\/p>\n\n\n\n

The company states in a blog post about this new development, \u201cAzure AI Foundry is a trusted platform that empowers developers to drive innovation and shape the future with AI in a safe, secure, and responsible way.\u201d<\/em><\/strong> <\/p>\n\n\n\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Microsoft says it will work closely with local institutions and businesses to expand individuals' and organizations' access to AI tools. The company plans to build a fourth data center in the region by 2026.<\/p>\n\n\n\n

During his speech, Nadella also mentioned Microsoft\u2019s partnership with India's SaaSBoomi to improve the country\u2019s SaaS ecosystem. Through this partnership, Microsoft is set to upskill more than 150,000 startup employees through focused workshops, create over 200,000 new jobs, and foster at least 5000 startups and 10000 entrepreneurs. <\/p>\n\n\n\n

Additionally, Microsoft Research (MSR) Lab unveiled a new AI Innovation Network that aims to convert research into practical business solutions.<\/p>\n","post_title":"Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-launches-3-billion-initiative-in-india-to-accelerate-growth-in-ai-and-cloud","to_ping":"","pinged":"","post_modified":"2025-01-14 03:17:44","post_modified_gmt":"2025-01-13 16:17:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20023","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":20001,"post_author":"17","post_date":"2025-01-11 05:38:12","post_date_gmt":"2025-01-10 18:38:12","post_content":"\n

American tech company Microsoft has launched a new training initiative in Australia and New Zealand. This project will look to upskill 1 million people in Artificial Intelligence, helping them build AI systems and teaching them to use AI technology in daily activities. <\/p>\n\n\n\n

\u201cMicrosoft has today launched a new AI Skills Initiative to help one million people in Australia and New Zealand secure the skills they need to thrive in the AI economy\u201d<\/em><\/strong>, the company confirmed in a blog post<\/a>. Microsoft hopes to achieve this goal by 2026.<\/p>\n\n\n\n

As part of this training program, Microsoft has promised to provide free resources through its platforms. These include Microsoft Learn, Viva Learning, LinkedIn, GitHub, and AI Skills Navigator. Microsoft has also said it will work with government institutions, businesses, and not-for-profit organizations to make the training relevant.<\/p>\n\n\n\n

See Related: <\/em><\/strong>BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation<\/a><\/p>\n\n\n\n

AI-skilled Workforce<\/h2>\n\n\n\n

This latest endeavor builds on Microsoft\u2019s long-term goal of creating an AI-skilled workforce. In 2023, the company started a two-year program for 300,000 Australians in digital skills. The recent advancements in AI are paving the way for a new economy, which will create new jobs. According to Microsoft, AI could create up to \u201c200,000 AI-related jobs in Australia alone by 2030.\u201d<\/p>\n\n\n\n

Speaking on the potential AI holds for Australia and New Zealand\u2019s economy, Steven Worrall, Managing Director at Microsoft Australia and New Zealand, said, \u201cAI is a new general-purpose technology that can boost productivity across every sector and create new markets. We need to ensure that as many people as possible can access and benefit from the technology.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft\u2019s Latest Initiative Set To Train 1 Million People In AI\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsofts-latest-initiative-set-to-train-1-million-people-in-ai","to_ping":"","pinged":"","post_modified":"2025-01-11 05:38:23","post_modified_gmt":"2025-01-10 18:38:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20001","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19719,"post_author":"17","post_date":"2024-11-24 23:06:08","post_date_gmt":"2024-11-24 12:06:08","post_content":"\n

American tech company Microsoft recently announced an update to its Azure AI Studio platform. This new platform will be called Microsoft Azure AI Foundry, and the company is looking to expand its AI strategies for developers.<\/p>\n\n\n\n

The company states in a blog post about this new development, \u201cAzure AI Foundry is a trusted platform that empowers developers to drive innovation and shape the future with AI in a safe, secure, and responsible way.\u201d<\/em><\/strong> <\/p>\n\n\n\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

This is Microsoft's latest commitment as part of its long-term ambitions of developing AI in India. In 2024, the company launched the ADVANTA(I)GE India initiative which sought to train 2.5 million Indians in AI skills by 2025. Since then, Microsoft has expanded the scope of this initiative and has shared plans to equip a further 10 million people with relevant skills in AI technology. <\/p>\n\n\n\n

Microsoft says it will work closely with local institutions and businesses to expand individuals' and organizations' access to AI tools. The company plans to build a fourth data center in the region by 2026.<\/p>\n\n\n\n

During his speech, Nadella also mentioned Microsoft\u2019s partnership with India's SaaSBoomi to improve the country\u2019s SaaS ecosystem. Through this partnership, Microsoft is set to upskill more than 150,000 startup employees through focused workshops, create over 200,000 new jobs, and foster at least 5000 startups and 10000 entrepreneurs. <\/p>\n\n\n\n

Additionally, Microsoft Research (MSR) Lab unveiled a new AI Innovation Network that aims to convert research into practical business solutions.<\/p>\n","post_title":"Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-launches-3-billion-initiative-in-india-to-accelerate-growth-in-ai-and-cloud","to_ping":"","pinged":"","post_modified":"2025-01-14 03:17:44","post_modified_gmt":"2025-01-13 16:17:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20023","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":20001,"post_author":"17","post_date":"2025-01-11 05:38:12","post_date_gmt":"2025-01-10 18:38:12","post_content":"\n

American tech company Microsoft has launched a new training initiative in Australia and New Zealand. This project will look to upskill 1 million people in Artificial Intelligence, helping them build AI systems and teaching them to use AI technology in daily activities. <\/p>\n\n\n\n

\u201cMicrosoft has today launched a new AI Skills Initiative to help one million people in Australia and New Zealand secure the skills they need to thrive in the AI economy\u201d<\/em><\/strong>, the company confirmed in a blog post<\/a>. Microsoft hopes to achieve this goal by 2026.<\/p>\n\n\n\n

As part of this training program, Microsoft has promised to provide free resources through its platforms. These include Microsoft Learn, Viva Learning, LinkedIn, GitHub, and AI Skills Navigator. Microsoft has also said it will work with government institutions, businesses, and not-for-profit organizations to make the training relevant.<\/p>\n\n\n\n

See Related: <\/em><\/strong>BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation<\/a><\/p>\n\n\n\n

AI-skilled Workforce<\/h2>\n\n\n\n

This latest endeavor builds on Microsoft\u2019s long-term goal of creating an AI-skilled workforce. In 2023, the company started a two-year program for 300,000 Australians in digital skills. The recent advancements in AI are paving the way for a new economy, which will create new jobs. According to Microsoft, AI could create up to \u201c200,000 AI-related jobs in Australia alone by 2030.\u201d<\/p>\n\n\n\n

Speaking on the potential AI holds for Australia and New Zealand\u2019s economy, Steven Worrall, Managing Director at Microsoft Australia and New Zealand, said, \u201cAI is a new general-purpose technology that can boost productivity across every sector and create new markets. We need to ensure that as many people as possible can access and benefit from the technology.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft\u2019s Latest Initiative Set To Train 1 Million People In AI\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsofts-latest-initiative-set-to-train-1-million-people-in-ai","to_ping":"","pinged":"","post_modified":"2025-01-11 05:38:23","post_modified_gmt":"2025-01-10 18:38:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20001","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19719,"post_author":"17","post_date":"2024-11-24 23:06:08","post_date_gmt":"2024-11-24 12:06:08","post_content":"\n

American tech company Microsoft recently announced an update to its Azure AI Studio platform. This new platform will be called Microsoft Azure AI Foundry, and the company is looking to expand its AI strategies for developers.<\/p>\n\n\n\n

The company states in a blog post about this new development, \u201cAzure AI Foundry is a trusted platform that empowers developers to drive innovation and shape the future with AI in a safe, secure, and responsible way.\u201d<\/em><\/strong> <\/p>\n\n\n\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Microsoft's Latest Commitment<\/strong><\/h2>\n\n\n\n

This is Microsoft's latest commitment as part of its long-term ambitions of developing AI in India. In 2024, the company launched the ADVANTA(I)GE India initiative which sought to train 2.5 million Indians in AI skills by 2025. Since then, Microsoft has expanded the scope of this initiative and has shared plans to equip a further 10 million people with relevant skills in AI technology. <\/p>\n\n\n\n

Microsoft says it will work closely with local institutions and businesses to expand individuals' and organizations' access to AI tools. The company plans to build a fourth data center in the region by 2026.<\/p>\n\n\n\n

During his speech, Nadella also mentioned Microsoft\u2019s partnership with India's SaaSBoomi to improve the country\u2019s SaaS ecosystem. Through this partnership, Microsoft is set to upskill more than 150,000 startup employees through focused workshops, create over 200,000 new jobs, and foster at least 5000 startups and 10000 entrepreneurs. <\/p>\n\n\n\n

Additionally, Microsoft Research (MSR) Lab unveiled a new AI Innovation Network that aims to convert research into practical business solutions.<\/p>\n","post_title":"Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-launches-3-billion-initiative-in-india-to-accelerate-growth-in-ai-and-cloud","to_ping":"","pinged":"","post_modified":"2025-01-14 03:17:44","post_modified_gmt":"2025-01-13 16:17:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20023","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":20001,"post_author":"17","post_date":"2025-01-11 05:38:12","post_date_gmt":"2025-01-10 18:38:12","post_content":"\n

American tech company Microsoft has launched a new training initiative in Australia and New Zealand. This project will look to upskill 1 million people in Artificial Intelligence, helping them build AI systems and teaching them to use AI technology in daily activities. <\/p>\n\n\n\n

\u201cMicrosoft has today launched a new AI Skills Initiative to help one million people in Australia and New Zealand secure the skills they need to thrive in the AI economy\u201d<\/em><\/strong>, the company confirmed in a blog post<\/a>. Microsoft hopes to achieve this goal by 2026.<\/p>\n\n\n\n

As part of this training program, Microsoft has promised to provide free resources through its platforms. These include Microsoft Learn, Viva Learning, LinkedIn, GitHub, and AI Skills Navigator. Microsoft has also said it will work with government institutions, businesses, and not-for-profit organizations to make the training relevant.<\/p>\n\n\n\n

See Related: <\/em><\/strong>BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation<\/a><\/p>\n\n\n\n

AI-skilled Workforce<\/h2>\n\n\n\n

This latest endeavor builds on Microsoft\u2019s long-term goal of creating an AI-skilled workforce. In 2023, the company started a two-year program for 300,000 Australians in digital skills. The recent advancements in AI are paving the way for a new economy, which will create new jobs. According to Microsoft, AI could create up to \u201c200,000 AI-related jobs in Australia alone by 2030.\u201d<\/p>\n\n\n\n

Speaking on the potential AI holds for Australia and New Zealand\u2019s economy, Steven Worrall, Managing Director at Microsoft Australia and New Zealand, said, \u201cAI is a new general-purpose technology that can boost productivity across every sector and create new markets. We need to ensure that as many people as possible can access and benefit from the technology.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft\u2019s Latest Initiative Set To Train 1 Million People In AI\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsofts-latest-initiative-set-to-train-1-million-people-in-ai","to_ping":"","pinged":"","post_modified":"2025-01-11 05:38:23","post_modified_gmt":"2025-01-10 18:38:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20001","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19719,"post_author":"17","post_date":"2024-11-24 23:06:08","post_date_gmt":"2024-11-24 12:06:08","post_content":"\n

American tech company Microsoft recently announced an update to its Azure AI Studio platform. This new platform will be called Microsoft Azure AI Foundry, and the company is looking to expand its AI strategies for developers.<\/p>\n\n\n\n

The company states in a blog post about this new development, \u201cAzure AI Foundry is a trusted platform that empowers developers to drive innovation and shape the future with AI in a safe, secure, and responsible way.\u201d<\/em><\/strong> <\/p>\n\n\n\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

Microsoft's Latest Commitment<\/strong><\/h2>\n\n\n\n

This is Microsoft's latest commitment as part of its long-term ambitions of developing AI in India. In 2024, the company launched the ADVANTA(I)GE India initiative which sought to train 2.5 million Indians in AI skills by 2025. Since then, Microsoft has expanded the scope of this initiative and has shared plans to equip a further 10 million people with relevant skills in AI technology. <\/p>\n\n\n\n

Microsoft says it will work closely with local institutions and businesses to expand individuals' and organizations' access to AI tools. The company plans to build a fourth data center in the region by 2026.<\/p>\n\n\n\n

During his speech, Nadella also mentioned Microsoft\u2019s partnership with India's SaaSBoomi to improve the country\u2019s SaaS ecosystem. Through this partnership, Microsoft is set to upskill more than 150,000 startup employees through focused workshops, create over 200,000 new jobs, and foster at least 5000 startups and 10000 entrepreneurs. <\/p>\n\n\n\n

Additionally, Microsoft Research (MSR) Lab unveiled a new AI Innovation Network that aims to convert research into practical business solutions.<\/p>\n","post_title":"Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-launches-3-billion-initiative-in-india-to-accelerate-growth-in-ai-and-cloud","to_ping":"","pinged":"","post_modified":"2025-01-14 03:17:44","post_modified_gmt":"2025-01-13 16:17:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20023","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":20001,"post_author":"17","post_date":"2025-01-11 05:38:12","post_date_gmt":"2025-01-10 18:38:12","post_content":"\n

American tech company Microsoft has launched a new training initiative in Australia and New Zealand. This project will look to upskill 1 million people in Artificial Intelligence, helping them build AI systems and teaching them to use AI technology in daily activities. <\/p>\n\n\n\n

\u201cMicrosoft has today launched a new AI Skills Initiative to help one million people in Australia and New Zealand secure the skills they need to thrive in the AI economy\u201d<\/em><\/strong>, the company confirmed in a blog post<\/a>. Microsoft hopes to achieve this goal by 2026.<\/p>\n\n\n\n

As part of this training program, Microsoft has promised to provide free resources through its platforms. These include Microsoft Learn, Viva Learning, LinkedIn, GitHub, and AI Skills Navigator. Microsoft has also said it will work with government institutions, businesses, and not-for-profit organizations to make the training relevant.<\/p>\n\n\n\n

See Related: <\/em><\/strong>BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation<\/a><\/p>\n\n\n\n

AI-skilled Workforce<\/h2>\n\n\n\n

This latest endeavor builds on Microsoft\u2019s long-term goal of creating an AI-skilled workforce. In 2023, the company started a two-year program for 300,000 Australians in digital skills. The recent advancements in AI are paving the way for a new economy, which will create new jobs. According to Microsoft, AI could create up to \u201c200,000 AI-related jobs in Australia alone by 2030.\u201d<\/p>\n\n\n\n

Speaking on the potential AI holds for Australia and New Zealand\u2019s economy, Steven Worrall, Managing Director at Microsoft Australia and New Zealand, said, \u201cAI is a new general-purpose technology that can boost productivity across every sector and create new markets. We need to ensure that as many people as possible can access and benefit from the technology.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft\u2019s Latest Initiative Set To Train 1 Million People In AI\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsofts-latest-initiative-set-to-train-1-million-people-in-ai","to_ping":"","pinged":"","post_modified":"2025-01-11 05:38:23","post_modified_gmt":"2025-01-10 18:38:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20001","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19719,"post_author":"17","post_date":"2024-11-24 23:06:08","post_date_gmt":"2024-11-24 12:06:08","post_content":"\n

American tech company Microsoft recently announced an update to its Azure AI Studio platform. This new platform will be called Microsoft Azure AI Foundry, and the company is looking to expand its AI strategies for developers.<\/p>\n\n\n\n

The company states in a blog post about this new development, \u201cAzure AI Foundry is a trusted platform that empowers developers to drive innovation and shape the future with AI in a safe, secure, and responsible way.\u201d<\/em><\/strong> <\/p>\n\n\n\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

In the recently concluded Microsoft AI Tour, Satya Nadella, CEO and Chairman, said, \u201cIndia is rapidly becoming a leader in AI innovation, unlocking new opportunities across the country. The investments in infrastructure and skills we are announcing today reaffirm our commitment to making India AI-first, and will help ensure people and organizations across the country benefit broadly\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

Microsoft's Latest Commitment<\/strong><\/h2>\n\n\n\n

This is Microsoft's latest commitment as part of its long-term ambitions of developing AI in India. In 2024, the company launched the ADVANTA(I)GE India initiative which sought to train 2.5 million Indians in AI skills by 2025. Since then, Microsoft has expanded the scope of this initiative and has shared plans to equip a further 10 million people with relevant skills in AI technology. <\/p>\n\n\n\n

Microsoft says it will work closely with local institutions and businesses to expand individuals' and organizations' access to AI tools. The company plans to build a fourth data center in the region by 2026.<\/p>\n\n\n\n

During his speech, Nadella also mentioned Microsoft\u2019s partnership with India's SaaSBoomi to improve the country\u2019s SaaS ecosystem. Through this partnership, Microsoft is set to upskill more than 150,000 startup employees through focused workshops, create over 200,000 new jobs, and foster at least 5000 startups and 10000 entrepreneurs. <\/p>\n\n\n\n

Additionally, Microsoft Research (MSR) Lab unveiled a new AI Innovation Network that aims to convert research into practical business solutions.<\/p>\n","post_title":"Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-launches-3-billion-initiative-in-india-to-accelerate-growth-in-ai-and-cloud","to_ping":"","pinged":"","post_modified":"2025-01-14 03:17:44","post_modified_gmt":"2025-01-13 16:17:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20023","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":20001,"post_author":"17","post_date":"2025-01-11 05:38:12","post_date_gmt":"2025-01-10 18:38:12","post_content":"\n

American tech company Microsoft has launched a new training initiative in Australia and New Zealand. This project will look to upskill 1 million people in Artificial Intelligence, helping them build AI systems and teaching them to use AI technology in daily activities. <\/p>\n\n\n\n

\u201cMicrosoft has today launched a new AI Skills Initiative to help one million people in Australia and New Zealand secure the skills they need to thrive in the AI economy\u201d<\/em><\/strong>, the company confirmed in a blog post<\/a>. Microsoft hopes to achieve this goal by 2026.<\/p>\n\n\n\n

As part of this training program, Microsoft has promised to provide free resources through its platforms. These include Microsoft Learn, Viva Learning, LinkedIn, GitHub, and AI Skills Navigator. Microsoft has also said it will work with government institutions, businesses, and not-for-profit organizations to make the training relevant.<\/p>\n\n\n\n

See Related: <\/em><\/strong>BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation<\/a><\/p>\n\n\n\n

AI-skilled Workforce<\/h2>\n\n\n\n

This latest endeavor builds on Microsoft\u2019s long-term goal of creating an AI-skilled workforce. In 2023, the company started a two-year program for 300,000 Australians in digital skills. The recent advancements in AI are paving the way for a new economy, which will create new jobs. According to Microsoft, AI could create up to \u201c200,000 AI-related jobs in Australia alone by 2030.\u201d<\/p>\n\n\n\n

Speaking on the potential AI holds for Australia and New Zealand\u2019s economy, Steven Worrall, Managing Director at Microsoft Australia and New Zealand, said, \u201cAI is a new general-purpose technology that can boost productivity across every sector and create new markets. We need to ensure that as many people as possible can access and benefit from the technology.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft\u2019s Latest Initiative Set To Train 1 Million People In AI\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsofts-latest-initiative-set-to-train-1-million-people-in-ai","to_ping":"","pinged":"","post_modified":"2025-01-11 05:38:23","post_modified_gmt":"2025-01-10 18:38:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20001","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19719,"post_author":"17","post_date":"2024-11-24 23:06:08","post_date_gmt":"2024-11-24 12:06:08","post_content":"\n

American tech company Microsoft recently announced an update to its Azure AI Studio platform. This new platform will be called Microsoft Azure AI Foundry, and the company is looking to expand its AI strategies for developers.<\/p>\n\n\n\n

The company states in a blog post about this new development, \u201cAzure AI Foundry is a trusted platform that empowers developers to drive innovation and shape the future with AI in a safe, secure, and responsible way.\u201d<\/em><\/strong> <\/p>\n\n\n\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

American tech company Microsoft recently announced a two-year project in India worth $3 billion. According to Microsoft,<\/a> this investment will \u201cempower India with cloud and AI\u201d technology by facilitating AI adoption, skill development, and innovation.<\/p>\n\n\n\n

In the recently concluded Microsoft AI Tour, Satya Nadella, CEO and Chairman, said, \u201cIndia is rapidly becoming a leader in AI innovation, unlocking new opportunities across the country. The investments in infrastructure and skills we are announcing today reaffirm our commitment to making India AI-first, and will help ensure people and organizations across the country benefit broadly\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

Microsoft's Latest Commitment<\/strong><\/h2>\n\n\n\n

This is Microsoft's latest commitment as part of its long-term ambitions of developing AI in India. In 2024, the company launched the ADVANTA(I)GE India initiative which sought to train 2.5 million Indians in AI skills by 2025. Since then, Microsoft has expanded the scope of this initiative and has shared plans to equip a further 10 million people with relevant skills in AI technology. <\/p>\n\n\n\n

Microsoft says it will work closely with local institutions and businesses to expand individuals' and organizations' access to AI tools. The company plans to build a fourth data center in the region by 2026.<\/p>\n\n\n\n

During his speech, Nadella also mentioned Microsoft\u2019s partnership with India's SaaSBoomi to improve the country\u2019s SaaS ecosystem. Through this partnership, Microsoft is set to upskill more than 150,000 startup employees through focused workshops, create over 200,000 new jobs, and foster at least 5000 startups and 10000 entrepreneurs. <\/p>\n\n\n\n

Additionally, Microsoft Research (MSR) Lab unveiled a new AI Innovation Network that aims to convert research into practical business solutions.<\/p>\n","post_title":"Microsoft Launches $3 Billion Initiative In India To Accelerate Growth In AI and Cloud","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-launches-3-billion-initiative-in-india-to-accelerate-growth-in-ai-and-cloud","to_ping":"","pinged":"","post_modified":"2025-01-14 03:17:44","post_modified_gmt":"2025-01-13 16:17:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20023","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":20001,"post_author":"17","post_date":"2025-01-11 05:38:12","post_date_gmt":"2025-01-10 18:38:12","post_content":"\n

American tech company Microsoft has launched a new training initiative in Australia and New Zealand. This project will look to upskill 1 million people in Artificial Intelligence, helping them build AI systems and teaching them to use AI technology in daily activities. <\/p>\n\n\n\n

\u201cMicrosoft has today launched a new AI Skills Initiative to help one million people in Australia and New Zealand secure the skills they need to thrive in the AI economy\u201d<\/em><\/strong>, the company confirmed in a blog post<\/a>. Microsoft hopes to achieve this goal by 2026.<\/p>\n\n\n\n

As part of this training program, Microsoft has promised to provide free resources through its platforms. These include Microsoft Learn, Viva Learning, LinkedIn, GitHub, and AI Skills Navigator. Microsoft has also said it will work with government institutions, businesses, and not-for-profit organizations to make the training relevant.<\/p>\n\n\n\n

See Related: <\/em><\/strong>BlackRock Plans 3% Job Cuts Amidst Bitcoin ETF Anticipation<\/a><\/p>\n\n\n\n

AI-skilled Workforce<\/h2>\n\n\n\n

This latest endeavor builds on Microsoft\u2019s long-term goal of creating an AI-skilled workforce. In 2023, the company started a two-year program for 300,000 Australians in digital skills. The recent advancements in AI are paving the way for a new economy, which will create new jobs. According to Microsoft, AI could create up to \u201c200,000 AI-related jobs in Australia alone by 2030.\u201d<\/p>\n\n\n\n

Speaking on the potential AI holds for Australia and New Zealand\u2019s economy, Steven Worrall, Managing Director at Microsoft Australia and New Zealand, said, \u201cAI is a new general-purpose technology that can boost productivity across every sector and create new markets. We need to ensure that as many people as possible can access and benefit from the technology.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft\u2019s Latest Initiative Set To Train 1 Million People In AI\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsofts-latest-initiative-set-to-train-1-million-people-in-ai","to_ping":"","pinged":"","post_modified":"2025-01-11 05:38:23","post_modified_gmt":"2025-01-10 18:38:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=20001","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19719,"post_author":"17","post_date":"2024-11-24 23:06:08","post_date_gmt":"2024-11-24 12:06:08","post_content":"\n

American tech company Microsoft recently announced an update to its Azure AI Studio platform. This new platform will be called Microsoft Azure AI Foundry, and the company is looking to expand its AI strategies for developers.<\/p>\n\n\n\n

The company states in a blog post about this new development, \u201cAzure AI Foundry is a trusted platform that empowers developers to drive innovation and shape the future with AI in a safe, secure, and responsible way.\u201d<\/em><\/strong> <\/p>\n\n\n\n

Microsoft introduced Azure AI studios in November 2023 to offer developers a wide range of AI solutions. The services included AI-powered applications to help developers build their own generative AI solutions. According to Microsoft, Azure AI Foundry can \u201cfacilitate scalability for transforming proof of concepts into full-fledged production applications.\u201d It also allows users to monitor and upgrade the content they build continuously. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI<\/a><\/p>\n\n\n\n

\"AI agents have huge potential to autonomously perform routine tasks, boosting productivity and efficiency, all while keeping you at the center,\"<\/em><\/strong> said Jessica Hawk<\/a>, Microsoft's corporate vice president of data, AI, and digital applications.<\/p>\n\n\n\n

Microsoft is not the only company offering access to multiple AI tools on a single platform. Salesforce, another cloud-based American software company, introduced the Agentforce platform in September. Amazon also hosts its many AI solutions under the Amazon Web Service umbrella. <\/p>\n\n\n\n

The Azure AI Foundry is currently free to use and explore. The pricing is restricted to the deployment level.<\/p>\n","post_title":"Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-updates-microsoft-azure-ai-studio-introducing-microsoft-azure-ai-foundry","to_ping":"","pinged":"","post_modified":"2024-11-24 23:06:14","post_modified_gmt":"2024-11-24 12:06:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19719","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19335,"post_author":"15","post_date":"2024-11-03 19:25:30","post_date_gmt":"2024-11-03 08:25:30","post_content":"\n

MicroStrategy, led by Michael Saylor, plans <\/a>to raise $42 billion over the next three years to buy more Bitcoin through its \"21\/21 Plan.\" This initiative aims to gather $21 billion in equity and $21 billion in fixed-income securities. Currently, $42 billion would buy about 578,586 BTC, around 2.7% of Bitcoin\u2019s total supply.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/saylor\/status\/1851718391889043954\n<\/div><\/figure>\n\n\n\n

Phong Le, MicroStrategy\u2019s CEO, highlighted that this plan would boost returns from Bitcoin holdings. From 2025 to 2027, the expected annual BTC yield will be between 6% and 10%. The company\u2019s Bitcoin yield year-to-date is at 17.8%.<\/p>\n\n\n\n

MicroStrategy\u2019s move has sparked reactions across the crypto world. Influencer BitcoinMiningStockGuy is optimistic, noting that $21 billion equals the market cap of all public Bitcoin miners combined. Quant researcher Ryan McGinnis called the strategy \"escape velocity\" for surpassing other companies and possibly even nations in Bitcoin holdings.<\/p>\n\n\n\n

In September, MicroStrategy raised $1.01 billion through a private offering of convertible senior notes, aiming to use part of the funds for Bitcoin acquisition. <\/p>\n\n\n\n

See Related: <\/em><\/strong>MicroStrategy's Bitcoin Holdings Soar To $14.6B After Massive $1.11 Billion Purchase<\/a><\/p>\n\n\n\n

Microsoft Vs MicroStrategy<\/h2>\n\n\n\n

Since 1999, MicroStrategy\u2019s stock has gained over 1,500%, outpacing Microsoft\u2019s 1,460% increase during the same period. <\/p>\n\n\n\n

Microsoft shareholders are set to vote<\/a> in December on a proposal to explore Bitcoin as a balance sheet asset. The National Center for Public Policy Research pushed the initiative, highlighting Bitcoin's potential as a hedge against inflation and noting MicroStrategy's success with Bitcoin investments.<\/p>\n\n\n\n

However, Microsoft's board recommends voting against the plan, stating they already evaluate multiple assets, including Bitcoin. This decision follows previous investments in AI and tech over digital currencies.<\/p>\n","post_title":"MicroStrategy Unveils $42 Billion Plan To Bolster Bitcoin Holdings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-unveils-42-billion-plan-to-bolster-bitcoin-holdings","to_ping":"","pinged":"","post_modified":"2024-11-03 19:25:37","post_modified_gmt":"2024-11-03 08:25:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19335","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19268,"post_author":"15","post_date":"2024-10-27 04:39:13","post_date_gmt":"2024-10-26 17:39:13","post_content":"\n

Software giant Microsoft is set to hold its annual shareholders meeting on December 9 and Bitcoin will be a topic of discussion. According to a recent Securities and Exchange Commission filing<\/a>, shareholders will vote on several proposals, including the \"Assessment of investing in Bitcoin\".<\/em>\u00a0 The board has recommended voting against this proposal.<\/p>\n\n\n\n

An X (formerly Twitter) user mentioned <\/a>that Microsoft shareholders can't easily submit proposals to the Board. They must follow strict \"advance notice\" rules in the company's Bylaws. Additionally, they must meet Exchange Act regulations on owning a certain number of shares for a specific period.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/TheJesseMK\/status\/1849578158401712553\n<\/div><\/figure>\n\n\n\n

If Microsoft decides to invest in Bitcoin, it would become one of the few U.S. companies to take such a step. This move would highlight the growing acceptance of cryptocurrency among major corporations, especially as many firms remain hesitant. Investing in Bitcoin could also signal Microsoft\u2019s confidence in the digital currency's long-term potential. <\/p>\n\n\n\n

See Related: <\/em><\/strong>EU Banks Reward Shareholders Despite Economic Uncertainty<\/a><\/p>\n\n\n\n

Following MicroStrategy's Bitcoin Playbook<\/h2>\n\n\n\n

MicroStrategy's Bitcoin playbook has sparked interest among companies exploring the potential benefits of investing in Bitcoin. As a pioneer in corporate Bitcoin acquisition, MicroStrategy has shown how substantial investments in digital assets can enhance balance sheets and drive shareholder value. <\/p>\n\n\n\n

The company has solidified its position in the tech space while leveraging Bitcoin as a legitimate investment. This approach has prompted other organizations to reevaluate their asset management strategies and consider integrating Bitcoin into their portfolios. As more firms observe MicroStrategy's success, they may be inspired to follow suit, signaling a broader trend of corporate adoption in the crypto market.<\/p>\n","post_title":"Will Microsoft Embrace Bitcoin? Shareholders To Vote On December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"will-microsoft-embrace-bitcoin-shareholders-to-vote-on-december","to_ping":"","pinged":"","post_modified":"2024-10-27 04:39:22","post_modified_gmt":"2024-10-26 17:39:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19268","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19092,"post_author":"17","post_date":"2024-10-11 23:29:05","post_date_gmt":"2024-10-11 12:29:05","post_content":"\n

Microsoft is set to use artificial intelligence (AI) to transform the energy industry through its collaboration with Enbridge, a Canada-based energy-delivering company. According to Microsoft<\/a>, this partnership will help to \u201cdrive innovation and productivity\u201d with the use of digital technologies, data, and automation.<\/p>\n\n\n\n

Enbridge is one of many initiatives looking to build a sustainable energy system for the world. Facing such a stiff challenge, the energy industry has frequently cooperated with leading tech companies for better solutions to the current energy crisis. Enbridge\u2019s partnership with Microsoft is a testament to the growing belief that AI can have a transformational impact on the energy industry as a whole.<\/p>\n\n\n\n

\"Our long-term collaboration with Microsoft has enabled us to apply cutting-edge technology, which is helping to solve critical business problems and deliver powerful outcomes,\"<\/em><\/strong> said Bhushan Ivaturi<\/a>, Senior Vice President and Chief Information Officer at Enbridge.<\/p>\n\n\n\n

See Related: <\/em><\/strong>CCRI Finds TRON as One of the Top Eco-Friendly Blockchains<\/a><\/p>\n\n\n\n

Enbridge\u2019s History With Microsoft<\/h2>\n\n\n\n

Enbridge\u2019s history with Microsoft goes back to 2020 when the company was starting to embrace digitalization. With the help of Microsoft\u2019s cloud platform Azure, the company quickly enhanced its productivity and cybersecurity. <\/p>\n\n\n\n

Currently, Enbridge is looking to harness the power of generative AI to optimize assets, increase efficiencies, enhance safety, and contribute to broader sustainability goals. The company is hoping that AI technology will allow better operation control, right-of-way monitoring, asset protection, and to maintain infrastructure integrity.\u00a0<\/p>\n\n\n\n

Speaking on the project\u2019s potential, Tom Kubik at Microsoft Canada said, \u201cThe Enbridge leadership team drove a cloud-first strategy, a big bet that opened the door to a broader opportunity that positions Enbridge today to take full advantage of AI to drive productivity and advance sustainability,\u201d<\/em><\/strong>.<\/p>\n","post_title":"Using AI To Create A Sustainable Future: Microsoft Teams Up With Leading Energy Company","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"using-ai-to-create-a-sustainable-future-microsoft-teams-up-with-leading-energy-company","to_ping":"","pinged":"","post_modified":"2024-10-11 23:29:14","post_modified_gmt":"2024-10-11 12:29:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19092","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18928,"post_author":"17","post_date":"2024-10-02 19:39:02","post_date_gmt":"2024-10-02 09:39:02","post_content":"\n

American tech giant Microsoft and KT Corporation (formerly Korean Telecom) have entered a strategic, multi-billion dollar partnership for five years. The purpose of this agreement is to \u201caccelerate AI innovation in Korea\u201d by targeting specific areas to work on.<\/p>\n\n\n\n

\u201cOur strategic partnership brings together KT\u2019s industry expertise with the power of our entire tech stack, from Azure AI to Microsoft 365 Copilot\u201d<\/em><\/strong>, said Satya Nadella, Chairman and CEO of Microsoft, in a press release. <\/p>\n\n\n\n

Agreement Between Microsoft And KT Corporation<\/h2>\n\n\n\n

News of an agreement between Microsoft and KT Corporation came in June 2024. On Sunday, Microsoft released a statement<\/a> confirming the deal, which will see KT Corporation substantially invest in Artificial Intelligence (AI), cloud technologies, and IT business. In return, Microsoft will provide the necessary resources such as infrastructure and manpower.<\/p>\n\n\n\n

See Related: <\/em><\/strong>China Aims To Make Zhejiang A Metaverse Hot Zone By 2025<\/a><\/p>\n\n\n\n

As part of this treaty, both companies have identified five key areas: the development of customized AI solutions for Korea, delivering Korean sovereign cloud solutions, the establishment of an AI transformation (AX) specialized service company, the advancement of AI R&D capabilities across Korea, and KT\u2019s AICT transformation.  <\/p>\n\n\n\n

For the first of these, the companies will develop customized versions of GPT-4o and Microsoft\u2019s Phi family of small language models. KT Corporation will provide the necessary data to train the AI models on Korean culture and industries. Additionally, there is a plan to launch a sovereign cloud service in Korea using Microsoft Cloud.<\/p>\n\n\n\n

Speaking on the potential this pact holds for AI in Korea, KT CEO Young-Shub Kim said, \u201cThe partnership with Microsoft presents a pivotal opportunity, not only for technological collaboration but also for expanding Korea\u2019s AI foundation and driving transformative innovation across industries and daily life\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The CEO of Microsoft also shared this sentiment, stating, \u201cTogether, we will help accelerate the AI transformation of Korean organizations across the private and public sectors.\u201d<\/em><\/strong><\/p>\n","post_title":"Microsoft And KT Corporation Announce Multi-Billion Dollar Partnership To Develop AI In Korea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-kt-corporation-announce-multi-billion-dollar-partnership-to-develop-ai-in-korea","to_ping":"","pinged":"","post_modified":"2024-10-02 19:39:12","post_modified_gmt":"2024-10-02 09:39:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18928","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18501,"post_author":"17","post_date":"2024-09-06 20:15:02","post_date_gmt":"2024-09-06 10:15:02","post_content":"\n

Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300 AI-powered applications, including gaming and creativity.<\/p>\n\n\n\n

\u201cThe Galaxy Book5 series brings even more cutting-edge AI experiences to Galaxy users around the world who want to enhance and simplify their everyday tasks<\/em><\/strong>,\u201d said Dr. Hark-Sang Kim<\/a>, EVP & Head of New Computing R&D Team at Samsung Electronics. Dr. Kim added that the Galaxy Pro 360 combines state-of-the-art performance with Samsung\u2019s mobile AI system to give users the \u201cultimate AI PC experience\u201d.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 utilizes Microsoft\u2019s Copilot + AI assistant and Intel\u2019s \u201cIntel\u00ae Core\u2122 Ultra processors (Series  2)\u201d. The laptop will also include Samsung\u2019s proprietary Galaxy AI features such as circle to draw, chat assists, and live translation. The Pro 360 presents a 16-inch, 10-point Multi-touch, AMOLED display. It comes with Intel\u2019s Arc\u2122 Graphics for the graphics and Intel\u00ae AI Boost for its NPU. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Samsung Ban Employees From Using AI Tools Like ChatGPT<\/a><\/p>\n\n\n\n

Regarding the laptop\u2019s performance, Intel\u2019s Vice President David Feng said, \u201cThe latest Intel Core Ultra processors (Series 2) coupled with Samsung\u2019s cutting-edge PC solutions create the ultimate computing experience, optimized to seamlessly deliver the absolute best of what AI can enable\u201d<\/em><\/strong>.<\/p>\n\n\n\n

The Galaxy Book5 Pro 360 is available in select regions including Canada, France, Germany, the UK, and the U.S.<\/p>\n","post_title":"Samsung To Harness The Power Of AI With The Latest Galaxy Book 5 Pro 360","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"samsung-to-harness-the-power-of-ai-with-the-latest-galaxy-book-5-pro-360","to_ping":"","pinged":"","post_modified":"2024-09-06 20:15:08","post_modified_gmt":"2024-09-06 10:15:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16841,"post_author":"17","post_date":"2024-05-13 02:31:56","post_date_gmt":"2024-05-12 16:31:56","post_content":"\n

Microsoft will invest US $2.2 billion to help Malaysia\u2019s digital transformation over the next four years. The announcement came during the Microsoft Build: AI Day.<\/p>\n\n\n\n

\u201cWe are committed to supporting Malaysia\u2019s AI transformation and ensure it benefits all Malaysians,\u201d <\/em><\/strong>said Satya Nadella<\/a>, Chairman and CEO, of Microsoft. <\/p>\n\n\n\n

The\u00a0goal of the investment is\u00a0to propel Malaysia\u2019s advancement in AI and cloud infrastructure.\u00a0The company has given particular emphasis on creating a\u00a0strong\u00a0workforce that is skilled in AI.\u00a0The company estimates nearly 200,000 Malaysians will benefit from this endeavor\u00a0which\u00a0includes\u00a0technical and vocational education on AI, fluency in AI training, and support for women to build careers in cybersecurity.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister<\/a><\/p>\n\n\n\n

Microsoft will also work with the Malaysian government to build a national \u201cAI Center of Excellence\u201d, which will improve the country\u2019s cybersecurity measures. \u201cWe are honored to collaborate with the government to support their National AI Framework, which enhances the country\u2019s global competitiveness\u201d<\/em><\/strong>, said Andrea Della Mattea, President of Microsoft ASEAN.<\/p>\n\n\n\n

Speaking to the press<\/a>, Malaysia\u2019s Minister of Investment, Trade & Industry said, \u201cTogether with Microsoft, we look forward to creating more opportunities for our SMEs and better-paying jobs for our people, as we ride the AI revolution to fast-track Malaysia\u2019s digitally empowered growth journey.\u201d <\/em><\/strong><\/p>\n\n\n\n

Microsoft\u2019s investment in Malaysia is part of the company\u2019s larger ambition to support the global development of AI. The company has also announced significant investments in Thailand and Indonesia this week. <\/p>\n","post_title":"Microsoft to Invest US $2.2 Billion In Malaysia\u2019s AI Transformation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-to-invest-us-2-2-billion-in-malaysias-ai-transformation","to_ping":"","pinged":"","post_modified":"2024-05-13 02:32:04","post_modified_gmt":"2024-05-12 16:32:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15028,"post_author":"17","post_date":"2024-01-19 06:21:52","post_date_gmt":"2024-01-18 19:21:52","post_content":"\n

Vodafone and Microsoft corporation have entered a 10-year-long \u201cstrategic partnership\u201d which will see the British telecommunication company invest $1.5 billion in cloud and AI-focused customer services.<\/p>\n\n\n\n

Microsoft revealed on its website\u00a0<\/a>on Tuesday that the partnership intends to\u00a0\u201cleverage their respective strengths in offering scaled digital platforms to more than 300 million businesses, public sector organizations, and consumers across Europe and Africa\u201d.<\/em><\/p>\n\n\n\n

As part of this collaboration, the two companies will work on 5 core areas: generative AI, scaling IoT, digital acceleration in Africa, enterprise growth, and cloud transformation.<\/p>\n\n\n\n

Microsoft will invest in Vodafone\u2019s IoT connectivity platforms and expand the M-Pesa services in Africa with Microsoft\u2019s Azure cloud-computing platform. Microsoft will become an equity investor as Vodafone plans to convert its IoT platform into a new, standalone business in 2024.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Venom To Launch A Blockchain Hub With Kenyan Government<\/a><\/p>\n\n\n\n

Additionally, Vodafone will utilize Microsoft\u2019s AI-assistant Copilot and Azure platforms to deliver frictionless, real-time, proactive, and hyper-personalized experiences across all Vodafone customer touchpoints.<\/p>\n\n\n\n

\u201cThis unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers,\"<\/em>\u00a0said Margherita Della Valle, CEO of Vodafone Group.<\/p>\n\n\n\n

Microsoft CEO Satya Nadella said,\u00a0\u201cWe will apply the latest cloud and AI technology to enhance the customer experience of hundreds of millions of people and businesses across Africa and Europe,\u201d.\u00a0<\/em><\/p>\n","post_title":"Microsoft And Vodafone Announces A 10-year Partnership Worth $1.5 Billion\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-and-vodafone-announces-a-10-year-partnership-worth-1-5-billion","to_ping":"","pinged":"","post_modified":"2024-01-19 06:21:57","post_modified_gmt":"2024-01-18 19:21:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15028","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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