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promising ai stocks to consider beyond microsoft amid azure growth concerns

Microsoft Corporation (NASDAQ:MSFT) maintains a "Buy" rating from UBS despite concerns over Azure's growth, attributed to recent performance dips. The company is adapting its go-to-market strategies, which may impact investor sentiment, but its fundamentals remain strong. Meanwhile, Celestial AI has raised $250 million to advance its innovative Photonic Fabric technology, aiming to enhance AI computing efficiency and compete with Nvidia.
Insider Monkey
Microsoft Corporation Corp. Broadcom Inc. Tiger Global Management LLC Fidelity Management & Research Company LLC USA Diane Bryant Show more
Technology & Innovation, Market Report
23:23 14.03.2025

celestial ai secures 250 million funding to advance photonic technology in ai

UBS has maintained a 'Buy' rating on Microsoft Corporation (MSFT) amid concerns regarding Azure's growth. Meanwhile, AI startup Celestial AI has raised $250 million in a Series C1 funding round, totaling $515 million, to advance its Photonic Fabric™ technology, which aims to enhance memory bandwidth and efficiency in AI applications. This innovative approach seeks to provide speed while reducing space and power consumption, positioning Celestial AI as a competitor to Nvidia in the chip market.
Yahoo Finance
Microsoft Corporation Corp. Fidelity Management & Research Company LLC Tiger Global Management LLC USA Show more
Technology & Innovation, Market Report
23:22 14.03.2025
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