Jay Parikh will lead the new CoreAI — Platform and Tools division at Microsoft. (Microsoft Photo) Microsoft is creating a new engineering division, led by the former global head of engineering at Facebook (now Meta), that will be responsible for building fundamental AI technologies and tools for the company and its customers. Jay Parikh, who joined Microsoft in October, will lead the new division, dubbed CoreAI — Platform and Tools, as its executive vice president, according to a memo to employe...