Tag: microsoft azure
Posted in Business
Microsoft’s $41B AI spending drives Azure growth and beats expectations
Microsoft reported strong quarterly earnings as its heavy spending on artificial intelligence (AI) infrastructure started showing results, with faster growth in its Azure cloud business….
Posted in Business
Oracle layoffs to impact thousands in AI cash crunch| Business News
Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data centre expansion effort….
Posted in Business
Microsoft’s Azure posts blockbuster growth amid massive outage, beats Wall Street estimates| Business News
Microsoft reported blockbuster growth in its Azure business on Wednesday, pushing its quarterly revenue past Wall Street estimates. This was on a day when the…
Posted in Startups
Smaller AI startups echo Indian watchdog’s anti-trust concerns
Indian startups have raised concerns over the Big Tech companies’ grip on data and compute power, which could tilt the AI playing field and curb…