Brody Ford

Microsoft Corp. is replacing OpenAI’s image-generating models with its own technology in popular products like PowerPoint and Bing.

A decline in sales of the mighty mainframe spooks investors.

Microsoft is replacing OpenAI's image-generating models with its own technology in popular products like PowerPoint and Bing.

The Yamaha Aussie Flat Track Nationals delivered another action-packed round at Maryborough’s Action Park TT circuit, with close racing, emerging rivalries and standout performances across every class. Photo: Wussell Colvin & M33 Productions

(Bloomberg) -- AI’s decimation of call center jobs has begun.Most Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsDeepSeek Suspends Fundraising After Viral US-China PostsS&P 500 Wobbles as AI Angst Offsets Oil Decline: Markets WrapCitadel Securities Sees Warsh Delivering Surprise Fed Rate HikeChip Rout Deepens on Circular Funding, China Competition FearsCompanies ranging from the Commonwealth Bank of Australia and Microsoft Corp. to Uber Technologies Inc. and Hyatt Ho

AI’s decimation of call center jobs has begun.

(Bloomberg) -- Microsoft Corp. reported more than $130 billion in new data center leases in the past quarter, signaling an accelerating pace of spending on artificial intelligence infrastructure.

Cloud provider Nscale agreed to acquire software startup Anyscale to help customers use AI computing power more efficiently.

The stock jumped after the company balanced spending on AI with increasing cloud revenue

The four largest players in the data center race have committed nearly $2.4 trillion in spending over the coming years, pointing to massive ongoing investment in AI infrastructure.