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...Their papers have focused on ever more advanced AI models that incorporate text and visual inputs to produce responses to queries....
...$10bn in renewable electricity projects to be developed by Brookfield Asset Management, in a deal that underscores the race to meet clean-energy commitments while satisfying the voracious power demands of cloud...
...Microsoft said AI-related demand delivered an unexpected boost to cloud growth in the most recent quarter....
...Under BC Partners, Presidio has grown rapidly, including through the acquisitions of Irish IT business Arkphire and cloud technology company Coda....
...Georgia, Moldova and Ukraine are in the same queue for entry, and Turkey is also a candidate — though more on paper than in reality....
...But for those building cloud infrastructure, investors took even bolder AI spending plans in their stride....
...A version of this article was first published by Nikkei Asia on May 1. ©2024 Nikkei Inc. All rights reserved....
...Cloud-based communications company RingCentral also surged in the remote working boom of 2020 but has since shed about 90 per cent of its value, as it competes with technology giants such as Alphabet and...
...The company has said ByteDance is not controlled by the Chinese government and that all US data is routed to Oracle Cloud. The US bill now moves to the Senate....
...The paper outlined “a set of fundamental rules” as well as more granular requirements for key areas such as cyber resilience and disruption testing....
...Solving this problem could mean that AI assistants respond more quickly than they do from the cloud and even work offline....
...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....
...Analysts say that Apple’s latest chips give it an opportunity to bring many AI features that run in the cloud on to its customers’ own devices, making apps run faster and offering greater privacy....
...Cloud computing businesses are also an interesting case. Do they have true network effects, or just high switching costs? Do incremental advantages of scale in cloud computing diminish at some point?...
...In a paper this month, the CMA said it had found an “interconnected web” of more than 90 partnerships and investments involving the same six Big Tech groups — Google, Apple, Microsoft, Meta, Amazon and chipmaker...
...Apple’s goal appears to be operating generative AI through mobile devices, which would allow AI chatbots and apps to run on the phone’s own hardware and software rather than be powered by cloud services...
...Alibaba Cloud has distributed the majority of its advanced GPUs to business units within the Alibaba Group, said two employees of the cloud business....
...Ballast for the theory comes from a National Bureau of Economic Research paper....
...But it expects revenue growth at its cloud division to decelerate slightly to 18-19 per cent in the current quarter, while Azure growth would remain stable....
...Google Cloud will be a crucial growth driver for Alphabet amid rising demand for generative AI....
...The clip shows a paper doll hung up in Baidu’s offices with four red knives pointed at “SCMP” written across its chest. Qu is seen whipping the doll with a rope....
...Apple already sells TV and music streaming, cloud storage, gaming, payments, advertising, etc. What worlds are left to conquer?...
...Pichai’s blog on Thursday also addressed an employee protest this week against an AI and cloud contract with the Israeli government and military....
...This tactic used to be considered market manipulation, but was made legal in the 80s; buybacks then radically increased in the 1990s as Silicon Valley wanted to create more paper money to pay talent, and...
...It launched Amazon Q, an AI-powered assistant for users of its cloud services, in November....
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