Microsoft is creating a new engineering group that’s focused on artificial intelligence. Led by former Meta engineering chief Jay Parikh, the new CoreAI – Platform and Tools division will combine Microsoft’s Dev Div and AI platform teams together,

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

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

Facebook parent company Meta has announced another round of layoffs. Mark Zuckerberg is planning to fire 3,600 employees. This is not the first time when Meta has announced layoffs. CEO Mark Zuckerberg said the performance-based cuts are intended to ensure that the company has the "strongest talent" and is able to "bring new people in.

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

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

In letters to Amazon, Apple, Google, Meta, Microsoft, OpenAI, and Uber, the lawmakers express concerns about the companies making contributions to “avoid scrutiny, limit regulation, and buy favor.” These sizable donations surpass the amount most of these companies contributed to President Joe Biden’s inauguration fund in 2021.

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

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

Microsoft’s top leaders met with President-elect Trump, Vice President-elect Vance and Elon Musk at Mar-a-Lago on Wednesday, a company spokesperson confirmed to The Hill. Microsoft CEO Satya

Quantum stocks rallied Wednesday, a day after Microsoft called 2025 "the year to become quantum-ready," mitigating a string of recent losses spurred by high-profile bearish comments on the sector.

Job cuts and hiring freezes are in focus following announcements from several companies, including oil and gas driller BP (BP), Southwest Airlines (LUV), Meta Platforms (META), Albertsons (ACI), and Microsoft (MSFT).