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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....
...Artificial intelligence helped boost Microsoft’s cloud sales past analysts’ forecasts, as demand for the high-profile technology challenges the company’s capacity to keep up with its rivals....
Friction between Bulgaria and North Macedonia may be about to take a turn for the worse
...Last year, UK financial regulators and the Bank of England warned of major risks if cloud companies were hacked or failed....
...Alibaba’s cloud division has launched another sweeping price cut for cloud computing as the group attempts to restore faltering growth in a key business unit....
...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....
...Revenue at Microsoft’s closely watched cloud division, its biggest sales driver that includes its Azure cloud computing platform, rose 20 per cent to $25.9bn, ahead of analyst expectations for $25.3bn....
...Revenue at Microsoft’s closely watched cloud division, its biggest sales driver that includes its Azure cloud computing platform, rose 20 per cent to $25.9bn, ahead of analysts’ expectations for $25.3bn....
New York’s only skyscraper outside Manhattan is to be auctioned after falling victim to soaring interest rates
OpenAI’s text-to-video generator Sora has added a new layer of tech-induced anxiety to the film business
...A prolonged slowdown in cloud growth came as customers looked for ways to cut costs, but the big cloud computing providers — Amazon, Microsoft and Google — are now eyeing demand for generative AI as a way...
...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?...
...The big three cloud computing providers have pledged to defend business customers from such intellectual property claims....
Also in this newsletter: hedge fund bonanza, DeSantis endorses Trump, Japan runs out of workers
...Microsoft beat expectations for revenue and cloud sales, Alphabet shares rise by double-digits after first-quarter earnings beat expectations, markets are no longer fully confident of a US interest rate...
...Shares in Alibaba tumbled after the company announced it had cancelled plans to spin off its cloud computing unit and paused a push to list its grocery chain....
...Cloud Gate’s tireless dancers contrive to alchemise the less inspired passages into something rich and strange but one misses the big ideas of earlier works....
...AWS will offer customers access to Nvidia’s latest AI processors and host its “AI training as a service” platform, DGX Cloud, they said....
...Regulators are worried that Big Tech companies may be taking advantage of AI companies’ insatiable need for computing power to train large language models, by luring cash-strapped start-ups to their cloud...
...Alibaba has ditched plans to spin off its cloud business and paused plans to list its supermarket unit after investors showed little enthusiasm for its radical restructuring plan....
...Amazon Web Services has struck deals with Barclays and HSBC, while Lloyds Banking Group has contracts with Google Cloud, Microsoft Azure and Thought Machine....
...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....
...cloud spending....
...Resilient advertising revenues at Google parent Alphabet helped the company surpass sales expectations in the third quarter, but a weaker than expected performance in its cloud computing division disappointed...
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