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Tag: Scott Guthrie

  • Microsoft and London Stock Exchange Group Form Strategic Partnership

    Microsoft and London Stock Exchange Group Form Strategic Partnership

    Microsoft will purchase a 4% equity stake in the London Stock Exchange Group (LSEG), forming a 10-year cloud partnership.

    The financial sector is an increasingly important one for cloud providers, with all of the major cloud providers vying for partnerships in the industry. Microsoft has scored a major one, forming a 10-year strategic partnership with the LSEG, one that will see the Redmond-based company take a 4% equity stake.

    In exchange, the LSEG will migrate its data to Microsoft Azure and will use Microsoft Azure, AI, and Microsoft Teams to build its next-generation solutions. The deal will also see Scott Guthrie, Microsoft’s Executive Vice President, Cloud and AI Group, appointed as a non-executive director of LSEG.

    “This strategic partnership is a significant milestone on LSEG’s journey towards becoming the leading global financial markets infrastructure and data business, and will transform the experience for our customers,” said David Schwimmer, CEO of LSEG.

    “Bringing together our leading data sets, analytics, and global customer base with Microsoft’s comprehensive and trusted cloud services and global reach creates attractive revenue growth opportunities for both companies.

    “We are delighted to welcome Microsoft as a shareholder. We believe our partnership with Microsoft will transform the way our customers discover, analyse, and trade securities around the world, and create substantial value over time. We look forward to delivering on that potential.”

    The two companies will also explore other opportunities to integrate digital market infrastructure with cloud technology.

    “Advances in the cloud and AI will fundamentally transform how financial institutions research, interact, and transact across asset classes, and adapt to changing market conditions,” said Satya Nadella, Microsoft CEO.

    “Our partnership will bring together the industry leadership of the London Stock Exchange Group with the trust and breadth of the Microsoft Cloud — spanning Azure, AI, and Teams — to build next-generation services that will empower our customers to generate business insights, automate complex and time-consuming processes, and ultimately, do more with less.”

  • Microsoft and Nvidia Partner to Build Cloud-Based Supercomputer

    Microsoft and Nvidia Partner to Build Cloud-Based Supercomputer

    Microsoft and Nvidia are teaming up to build a cloud-based supercomputer with a focus on artificial intelligence (AI).

    Nvidia chips are staples in AI development, with GPUs offering a number of performance benefits over traditional CPUs. Microsoft and Nvidia are collaborating to combine Nvidia’s GPUs with Microsoft’s Azure cloud computing platform.

    The companies say the result of the collaboration will be one of the most powerful cloud-based AI supercomputers in the world. In addition, as part of the collaboration, Nvidia will use Azure virtual machine instances to further AI development.

    “AI technology advances as well as industry adoption are accelerating. The breakthrough of foundation models has triggered a tidal wave of research, fostered new startups and enabled new enterprise applications,” said Manuvir Das, vice president of enterprise computing at NVIDIA. “Our collaboration with Microsoft will provide researchers and companies with state-of-the-art AI infrastructure and software to capitalize on the transformative power of AI.”

    “AI is fueling the next wave of automation across enterprises and industrial computing, enabling organizations to do more with less as they navigate economic uncertainties,” said Scott Guthrie, executive vice president of the Cloud + AI Group at Microsoft. “Our collaboration with NVIDIA unlocks the world’s most scalable supercomputer platform, which delivers state-of-the-art AI capabilities for every enterprise on Microsoft Azure.”

  • Volkswagen Chooses Microsoft Azure to Accelerate Autonomous Driving

    Volkswagen Chooses Microsoft Azure to Accelerate Autonomous Driving

    Volkswagen has announced it is partnering with Microsoft to use Azure to accelerate the development of autonomous vehicles.

    The majority of automakers are working on autonomous driving as the next major evolution of the auto industry. Various automakers are taking different approaches, with Volkswagen indicating it wants to develop its autonomous software in-house.

    To aid in that goal, Volkswagen’s software company, Car.Software Organisation, will work with Microsoft to use Azure to help build a cloud-based Automated Driving Platform (ADP). Running ADP on Azure will allow Volkswagen to develop the platform faster and scale it globally.

    “As we transform Volkswagen Group into a digital mobility provider, we are looking to continuously increase the efficiency of our software development. We are building the Automated Driving Platform with Microsoft to simplify our developers’ work through one scalable and data-based engineering environment. By combining our comprehensive expertise in the development of connected driving solutions with Microsoft’s cloud and software engineering know-how, we will accelerate the delivery of safe and comfortable mobility services,” said Dirk Hilgenberg, CEO of the Car.Software Organisation.

    “This is the next evolution of our foundational work with the Volkswagen Group to enhance their transformation as a software-driven mobility provider,” said Scott Guthrie, executive vice president, Cloud + AI at Microsoft. “The power of Microsoft Azure and its compute, data and AI capabilities will enable Volkswagen to deliver secure and reliable automated driving solutions to their customers faster.”

    Snagging the world’s largest automaker, the Volkswagen Group, is a big win for Microsoft, especially in the wake of Ford’s decision to use Google Cloud for its connected vehicle efforts. Ford had long been a Microsoft partner, relying on the tech company’s software for its vehicles’ navigation and entertainment systems.