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...The company has been training its generative model on Microsoft’s Azure cloud computing infrastructure, which is also used to run OpenAI’s GPT models, according to Microsoft chief executive Satya Nadella...
...Microsoft’s revenue in the quarter climbed 17 per cent to $61.9bn, driven by cloud computing sales and rampant demand for AI-related services on its Azure platform....
...Wall Street had been expecting a slowdown in Azure following the 27 per cent constant-currency growth of the preceding quarter....
...In a rare disclosure about the scale of Azure, he said that revenue from Microsoft’s cloud business had climbed to $111bn in the fiscal year that ended in June, with Azure accounting for more than 50 per...
...Just one India-based company, renewable energy operator Azure Power, has completed an IPO in the US over the past 10 years, according to Refinitiv....
...Both Microsoft and Amazon’s earnings showed envious growth in cloud computing, including 22 per cent in year on year first-quarter Azure revenue growth and 16 per cent for AWS....
...Microsoft, meanwhile, is tying previously distinct cloud services such as Azure, Microsoft 365 and Dynamics more closely together to “further entrench [itself] into the customer”, said Briggs....
...Commended Nishimura & Asahi O: 7; L: 8; I: 7; Total: 22The agri-food practice group at the law firm advises the Japanese Cabinet Office and the ministry of agriculture, forestry and fisheries on legal practice...
...AWS, Microsoft Azure and Google, referred to as “hyperscalers” because of the size of the data centres used to process and store data, generate about 81 per cent of revenues in the £15bn UK cloud market,...
Headlines include Ukraine conflict, Evergrande Real Estate Group, Apollo Global Management LLC, US banks and Andreessen Horowitz LLC
Headlines include UK politics & policy, Ukraine conflict, Meta Platforms, European Central Bank and Andreessen Horowitz LLC
...Google Cloud revenues grew 44 per cent to $5.8bn, matching forecasts, although it trailed the 46 per cent growth recorded by Azure, Microsoft’s rival cloud group....
Headlines include UK politics & policy, Deutsche Bank AG, KPMG LLC and Elizabeth Holmes
Headlines include German politics, Greensill Capital, coronavirus pandemic and Third Point LLC
Headlines include Greensill Capital, Third Point LLC, Chinese politics & policy and EU business regulation
...He added that the acquisition was both “strategic and somewhat defensive” as Google seeks to “compete aggressively with the much larger AWS and [Microsoft] Azure”....
...AWS and Microsoft got to this idea first, with services known, respectively, as Outposts and Azure Stack....
...Growth at Microsoft’s Azure cloud platform, its most important new business, re-accelerated to more than 50 per cent....
...Microsoft offers its Azure cloud through 21Vianet, while Apple has teamed up with Guizhou-Cloud Big Data to offer iCloud to China users....
...And Microsoft, through its cloud computing platform Azure, has taken on expansive projects including one with pharmaceutical group Novartis that covers everything from manufacturing and finance operations...
...“As more organisations adopt a multi-cloud strategy, Looker customers and partners can expect continued support of all cloud data management systems like Amazon Redshift, Azure SQL, Snowflake, Oracle, Microsoft...
...Also, the overall cloud growth rate is mediocre compared with Microsoft’s Azure cloud platform, which reported a reacceleration in growth to 62 per cent in the most recent quarter, said Mr Squali....
...Each Azure data centre that supports xCloud is fitted out with hardware that closely resembles Microsoft’s Xbox One console....
...While the deal will still see many of the back-end functions of its new vehicles running on Microsoft’s Azure cloud systems, the consumer apps in the car will all come from Google under the new agreement...
...“Consider the subtleness of the sea,” he wrote, “how its most dreaded creatures glide under water, unapparent for the most part, and treacherously hidden beneath the loveliest tints of azure.”...
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