Amazon’s stock drops as cloud revenue comes up short and it doubles AI spending
AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google Cloud seeing cloud-related revenue rise by 31% and 30%, respectively. Even so, AWS remains much bigger than any other cloud infrastructure provider, and it’s notable that those peers also missed expectations this week.
Amazon's cloud business faces crucial test
Microsoft MSFT.O on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down more ...
A renowned innovator in cloud computing and AI systems, Sandeep Konakanchi presents a groundbreaking framework for ...
British Gas has signed an agreement with heata to explore using waste heat from servers in homes. The companies will be ...
Burned by astronomical cloud bills, enterprises need a strategic road map that balances flexibility and control to unlock the ...
A slowdown in cloud-computing sales dragged down Google’s revenue growth last quarter, knocking shares of parent company Alphabet. Its stock slid 7.5% ahead of the open. Read more: ...
Technology is reshaping industries at a rapid pace, and banking is no exception. With its transformative research, Dorai ...
The technology sector is particularly significant in lowering the environmental impact as companies worldwide promote more ...
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