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...Microsoft beat revenue and cloud sales forecasts on Thursday in a sign of rising artificial intelligence spending, a sector into which Big Tech companies are pouring billions of dollars....
...Hood said the size of deals with companies to use Azure were growing and that the pace of cloud sales growth in the first three months of the year would be similar in the current quarter....
...The EU acknowledges the problem....
...Lex looked at the evidence for the performance of this type of foundation-owned company. One surprising stat: nearly half the world’s quoted foundation-owned companies are manufacturers....
...Billionaire Ken Griffin’s Citadel Securities has moved the testing of the algorithms that power its millions of trades a day into the cloud to cope with the vast quantities of data thrown up by financial...
...The Schwab Foundation has outlined the evidence in a new report which shows that it makes clear business sense to seek out creative talent as well as products and services from artists, designers and manufacturers...
...After initially planning to spin off Alibaba Cloud last year, new chief executive Eddie Wu moved to retain the cloud arm, which was deemed central to the ecommerce group’s future with the rise of generative...
...The Resolution Foundation said the research showed the contracts carried “real costs for some workers” who faced “lower wages and a smaller pension, as well as the insecurity and volatility they can bring...
...Sales at Amazon’s closely watched cloud computing division AWS, a key profit driver for the company, rose 13 per cent to $24.2bn in the three months to December....
...Resilient demand for cloud computing and growing excitement about artificial intelligence drove record quarterly revenues for Microsoft in the final three months of 2023....
...Marine foundation to save the oceans....
...Amazon also previewed the second generation of Trainium, which Selipsky said would be “ideal for training foundation models with hundreds of billions or even trillions of parameters” when it is available...
...Depending on how things play out, Silverstein, the developer of the rebuilt World Trade Center, could take control of the unfinished building....
...Avoid the temptation to go for a heavier, “traditional” foundation in the hope it will last longer; the trick is to build up feather-light layers of coverage using concealer, tinted moisturiser and finishing...
...Nearly 65 per cent of the 300 business leaders surveyed by the study said they expected generative AI to lead to the loss of jobs in the next three years, according to the report by CVL Economics, which...
...Microsoft, the number two cloud-computing provider, this week said demand for AI services had boosted its Azure cloud platform revenues in the latest quarter more so than it had done during the prior three...
...Oracle reported revenue of $12.9bn for the three months to November, missing analyst expectations of $13.05bn. The software company missed cloud growth expectations for the second straight quarter....
...The words to which hymn began as a poem called “The Pillar of the Cloud” by John Henry Newman? What’s the English translation of “iacta alea est” — spoken at a turning point in Roman history?...
...Malin Rosenkvist Director of Fundraising, MicroLoan Foundation, London SE1, UK...
...for use on the cloud companies’ platforms....
...Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com...
...The talks collapsed at the weekend over the Japanese group’s refusal to allow Zee’s chief executive to stay on after the merger....
...James Robertson Director of Campaigns, Sortition Foundation, Folkestone, Kent, UK...
...Lighting is always a major player in any Cloud Gate production but there are few direct references to the halo in Shen Po-hung’s design, which dramatises the space, imprisoning the ensemble in the tight...
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