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The 9th U.S. Circuit Court of Appeals upheld Microsoft's $69 billion acquisition of Activision Blizzard, dismissing the FTC's challenge and confirming no significant harm to competition.

Microsoft is investing about $500 billion over four years to expand OpenAI's Stargate initiative, focusing on global data centers and AI infrastructure to promote competition and democratic values.

Microsoft President Brad Smith will testify at a Senate hearing with AI leaders, discussing strategies to stay competitive against China and the need for U.S. support in the AI sector.

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About Microsoft Corp.

Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment is composed of products and services relating to productivity, communication, and information services such as Office Commercial, Office Consumer, LinkedIn, and Dynamics business solutions. The Intelligent Cloud segment consists of public, private, and hybrid server products and cloud services for businesses and developers, as well as enterprise and partner services. The More Personal Computing segment refers to products and services including Windows operating system, Windows cloud services, Surface, HoloLens, personal computer accessories, Xbox hardware, Xbox Cloud Gaming, Microsoft News, and Microsoft Edge. The company was founded by Paul Gardner Allen and William Henry Gates, III in 1975 and is headquartered in Redmond, WA.