Matt Day

Indian IT firms, including TCS, Infosys, Wipro and HCLTech, are among the tech firms suspended from the Permanent Labor Certification Program.

The move came hours before the U.S. president honored Microsoft’s CEO with a medal at a summit intended to spotlight U.S. scientific leadership.

Suspensions, announced Thursday, also targeted information technology services giants Cognizant Technology Solutions Corp, Infosys, Tata, Wipro, HCL Technologies and Capgemini SE.

Jennifer A. Dlouhy, Matt Day & Alicia A. Caldwell

The Trump administration accused Microsoft Corp., Adobe Inc. and a half-dozen other companies of abusing a US worker visa program and suspended them indefinitely from a longstanding immigration initiative that’s served as a crucial talent pipeline for Silicon Valley and Wall Street. The suspensions, announced Thursday by Vice President JD…

Microsoft Corp. is gearing up to install the latest version of its own chips in data centers, with the aim of powering its AI software using mostly homegrown hardware.

(Bloomberg) — Microsoft is gearing up to install the latest version of its own chips in data centers, with the aim of powering its AI software using mostly homegrown hardware.

(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.

Anthropic is relying more and more on Alphabet's Google, Amazon and Microsoft to sell its artificial intelligence technology to customers, despite the three companies being rivals, investors and key suppliers of computing power.

Anthropic’s IPO will be a key test of AI sentiment among public market investors, who already appear more sensitive to the high costs of AI buildouts.