Microsoft News - March 12, 2026

Musk’s xAI Hires Cursor Leaders to Challenge Rivals in AI-Assisted Coding
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Musk’s xAI Hires Cursor Leaders to Challenge Rivals in AI-Assisted Coding

Elon Musk’s artificial intelligence firm, xAI, hired senior leaders Andrew Milich and Jason Ginsberg from AI-powered code editor startup Cursor. Both...

Microsoft Commits $50 Billion to Data Center Leases as Industry AI Spending Tops $700 Billion
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Microsoft Commits $50 Billion to Data Center Leases as Industry AI Spending Tops $700 Billion

Microsoft committed nearly $50 billion to additional data center leases during its most recent quarter. This investment aims to bolster the company's...

Anthropic Revenue Hits $19B as it Challenges OpenAI; Anduril Targets $60B Valuation
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Anthropic Revenue Hits $19B as it Challenges OpenAI; Anduril Targets $60B Valuation

Anthropic’s annualized revenue run rate reached $19 billion in early March 2026. This figure represents a near doubling of the company's revenue since the end...

Microsoft Restructures Leadership as 35-Year Veteran Rajesh Jha Announces Retirement
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Microsoft Restructures Leadership as 35-Year Veteran Rajesh Jha Announces Retirement

Microsoft Executive Vice President of Experiences and Devices Rajesh Jha will retire on July 1. His departure concludes a 35-year career overseeing Microsoft...

Microsoft Unveils Copilot Health AI Integrating Data from 50,000 US Hospitals
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Microsoft Unveils Copilot Health AI Integrating Data from 50,000 US Hospitals

Microsoft unveiled Copilot Health, an AI-powered feature within the Copilot app designed as a personalized health companion for U.S. consumers. The tool...

Microsoft Partners with MTN for Major Africa AI Expansion to Counter DeepSeek
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Microsoft Partners with MTN for Major Africa AI Expansion to Counter DeepSeek

Microsoft is launching a strategic initiative to accelerate AI adoption across Africa to compete with China's DeepSeek. The company aims to train three...