Tuesday, January 16, 2024

Vodafone and Microsoft agree to a 10-year, $1.5B deal to develop AI, digital payments, IoT, and other businesses; Vodafone will use OpenAI for customer service (Thomas Seal/Bloomberg)

Thomas Seal / Bloomberg:
Vodafone and Microsoft agree to a 10-year, $1.5B deal to develop AI, digital payments, IoT, and other businesses; Vodafone will use OpenAI for customer service  —  - Microsoft also plans to invest in Vodafone's IoT spinout  — Vodafone will also use OpenAI technology in $1.5 billion deal



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...