Asha Sharma, the new Xbox CEO, is appointing new leaders from Microsoft's CoreAI group and Instacart to address Xbox's recent revenue declines and improve product delivery speed. Xbox has faced revenue drops in four of the last six quarters, with competitors like Nintendo and Sony outselling its consoles. Sharma aims to bring fresh consumer and technical expertise to evolve Xbox's operations and regain market growth. Key executives from CoreAI and Instacart are joining Xbox, while some long-time Microsoft leaders are stepping down or taking leaves.
The Document AI market is forecasted to grow from $14.66 billion in 2025 to $27.62 billion by 2030, at a CAGR of 13.5%. This growth is fueled by organizations adopting AI technologies like intelligent document processing, generative AI, and workflow ...
OpenAI announced that its GPT 5.6 model will be the "preferred model" powering Microsoft's 365 Copilot suite, including Word, Excel, and PowerPoint. This comes amid reports that Microsoft is increasingly using its own in-house AI models to reduce cos...
The global digital advertising market is forecasted to grow from $567.9 billion in 2025 to $2.06 trillion by 2033, with a 17.6% CAGR. Growth is fueled not just by expansion but by a strategic reallocation of budgets toward digital platforms offering ...
TSMC is set to report its Q2 earnings on July 16, with expectations of strong revenue and earnings growth driven by AI demand. Investors will focus on whether TSMC raises its full-year revenue guidance and capital expenditure budget, especially for e...
Microsoft reported a 25% increase in carbon emissions in 2025, reaching 20 million metric tons, driven by the expansion of AI data centers. This rise challenges the company's 2030 climate goal to be carbon negative, as demand for AI infrastructure gr...
