[ad_1] Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming sales in its Azure cloud computing business showcased the growing returns on its massive bets on artificial intelligence. Shares of the software company rose 9% in extended trading after it said Azure sales surpassed $75 […]
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[ad_1] Amazon has reached a deal to buy San Francisco-based Bee, a startup making an artificial intelligence-enabled bracelet to listen in on and transcribe conversations. Bee’s $50 wristband can analyze and distill what it records to make summaries, to-do lists or other tasks. Amazon confirmed the deal on Tuesday following a post on LinkedIn by […]
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[ad_1] AWS Regions are composed of availability zones that place infrastructure in separate and distinct geographic locations. File | Photo Credit: Reuters Cloud service provider Amazon Web Services, Inc. has launched AWS Asia Pacific (Hyderabad) Region, its second such facility to augment services to customers in India. It will be investing an estimated $4.4 billion (about […]
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[ad_1] Amazon and Alphabet unit Google criticised Microsoft’s cloud computing changes on Tuesday, saying they limit competition and discourage customers from switching to rival cloud service providers. The US software giant on Monday announced amended licensing deals and other changes that will take effect on October 1 and which they say will make it easier […]
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[ad_1] Research firm Canalys estimated that worldwide spending on cloud services in the June-ending quarter this year reached $62.3 billion, rising 33% from the same duration in the previous year. (Sign up to our Technology newsletter, Today’s Cache, for insights on emerging themes at the intersection of technology, business and policy. Click here to subscribe for free.) The […]
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