Microsoft beats expectations, cloud tops $50B as OpenAI and Anthropic deals reshape its business

Microsoft beats expectations, cloud tops B as OpenAI and Anthropic deals reshape its business

The entrance to “Experience Center One” on Microsoft’s Redmond campus. (GeekWire File Photo) Microsoft’s big financial bet on artificial intelligence got even bigger in the December quarter, but it also showed continued signs of paying off for its cloud business. The company spent $37.5 billion on capital expenditures during the second quarter of its 2026 fiscal year, up 66% from …

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Tesla profit tanked 46% in 2025 | TechCrunch

Tesla profit tanked 46% in 2025 | TechCrunch

Tesla’s profit fell 46% in 2025 compared to the prior year, as CEO Elon Musk assumed a role in the Trump administration and federal electric vehicle subsidies were killed off by Congress, causing sales to plummet. The electric vehicle company reported Wednesday that it recorded just $3.8 billion in profit across 2025, its lowest tally in years. Total revenue from …

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ServiceNow inks another AI partnership, this time with Anthropic | TechCrunch

ServiceNow inks another AI partnership, this time with Anthropic | TechCrunch

ServiceNow announced a deal with major AI player Anthropic just a week after it announced a partnership with OpenAI. Enterprise workflow software company ServiceNow has entered into a multi-year deal with AI research lab Anthropic on Wednesday. This partnership involves further embedding of Anthropic’s AI models into ServiceNow’s platform for its customers and bringing Anthropic’s AI to its employees. ServiceNow …

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Luminar sale approved despite last-minute mystery bid | TechCrunch

Luminar sale approved despite last-minute mystery bid | TechCrunch

Moments before a bankruptcy judge was expected to approve the sale of Luminar’s lidar business, an unidentified party submitted an offer that apparently blew away the leading bid of $33 million. This bid, which emerged just before a hearing Tuesday, kicked off a series of rapid-fire meetings between Luminar’s remaining leadership team and its lawyers, a “special transaction committee” formed …

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WhatsApp will now charge AI chatbots to operate in Italy | TechCrunch

WhatsApp will now charge AI chatbots to operate in Italy | TechCrunch

Meta announced Wednesday that it will charge developers for running chatbots on WhatsApp in regions where regulators are forcing the company to allow them. The move comes after the company’s ban on third-party chatbots on WhatsApp took effect on January 15.  For now, Meta will charge developers in Italy, where the country’s competition watchdog asked the company to suspend its …

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Filing: Expedia Group layoffs impact 162 workers in Washington state

Filing: Expedia Group layoffs impact 162 workers in Washington state

Expedia Group offices at the company’s waterfront campus in Seattle. (GeekWire File Photo / Kurt Schlosser) Seattle-based travel giant Expedia Group will cut 162 workers in Washington state, according to a new filing Wednesday with the Employment Security Department. The layoffs, confirmed earlier this week, will take place April 1-19, the company said in a letter accompanying its Worker Adjustment …

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