Microsoft Azure stories

Jul 1, 2026

Meta stock surges 10% on plans to launch cloud business selling excess AI computing capacity

Meta Platforms is developing a new cloud infrastructure business to sell access to its excess AI computing power and models, positioning itself to compete with Amazon Web Services, Google Cloud, and Microsoft Azure. The announcement sent Meta shares up more than 10% in trading.

Jul 1, 20266 sources

Apr 8, 2026

Anthropic Hires Microsoft Azure AI Chief Eric Boyd as Head of Infrastructure

Anthropic hired Eric Boyd, senior Microsoft executive and Azure AI chief, as its new head of infrastructure to address scaling challenges as company reaches $30 billion revenue run rate.

Apr 8, 20261 source