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Investing.com -- Microsoft CEO Satya Nadella received a $96.5 million pay package for fiscal 2025, his highest compensation since becoming CEO over a decade ago, as the company's board cited exceptional progress in artificial intelligence. About 90% of Nadella's compensation is in Microsoft (NASDAQ:MSFT) shares, with a base salary of $2.5 million. This represents a significant increase from the $79.1 million he received in the previous fiscal year. The compensation committee stated that the re ...Read More >
New Delhi, July 3: Microsoft layoffs have reportedly affected around 9,000 employees across multiple departments, including its gaming division, Xbox Game Studios. Among the impacted teams is The Initiative, a Santa Monica-based game studio backed by Microsoft. It was known for leading the development of Perfect Dark, but it has reportedly stopped working on the project. The Initiative is now said to be shutting down as part of the latest round of Microsoft job cuts. These job cuts is said to ha ...Read More >
New Delhi: Microsoft CEO Satya Nadella is urging the tech industry to think hard about how much energy artificial intelligence (AI) uses and whether it truly benefits people. Speaking at Y Combinator's AI Startup School, Nadella said, "If you're going to use a lot of energy, you need to have a good reason. We can't just burn energy unless we are doing something useful with it." He stressed that AI should make real improvements in daily life, like making healthcare, education, or paperwork easier ...Read More >
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