Google’s parent company Alphabet reported robust third-quarter results on Tuesday, with revenue climbing 15 percent year-over-year to $88.3 billion, powered by strong performance from its crucial advertising business and growth in cloud services. The technology giant’s net income surged 34 percent to $26.3 billion, while earnings per share increased 37 percent to $2.12. Operating margins … Read more
Saudi Arabia has kicked off an artificial intelligence-themed event as the oil-rich country accelerates adoption of AI, a movement that lures both Western and Chinese technology firms to take on the demand for cloud and data solutions. The third Global AI Summit, known as the Gain Summit, started on Tuesday in the Saudi capital Riyadh, … Read more
Mumbai: As AI adoption surges among Indian enterprises towards digital transformation, IT major Tech Mahindra and tech giant Google Cloud on Thursday announced a strategic partnership to boost generative AI (gen AI) adoption and lead digital transformation for various entities of Mahindra & Mahindra (M&M). Tech Mahindra will leverage artificial intelligence (AI) and machine learning … Read more
Madhya Pradesh Chief Minister Mohan Yadav on Thursday said that Google Cloud has proposed to set up a startup hub and centre of excellence in his State. Google Takeout is a tool intended to make it simple for people to download copies of their data from cloud-hosted services such as email or storage of photos … Read more
Alibaba Group Holding’s cloud computing unit plans to shut down its data centres in Australia and India, as the company prioritises infrastructure spending in other markets. Citing the move as part of its “infrastructure strategy update”, Alibaba Cloud said the decision was made after a “careful assessment” amid new efforts to “expand investment in Southeast … Read more
Google said on Thursday it has terminated 28 employees after some staff participated in protests against the company’s cloud contract with the Israeli government. The Alphabet unit said a small number of protesting employees entered and disrupted work at a few unspecified office locations. “Physically impeding other employees’ work and preventing them from accessing our facilities … Read more
“Our customers, first and foremost, are asking for choice in the industry,” said Intel vice-president, strategy and product management Jeni Barovian. “They are coming to us and they are expecting that Intel, as a computing leader, will follow the wave of (generative AI) and deliver solutions that meet their needs. And they are looking for … Read more
Google has upped the ante in the cloud race against Amazon and Microsoft with its custom-designed AI chip, Axion. This move signifies the search giant’s continued push to redefine the boundaries of computing.At its recent Cloud Next conference in Las Vegas, Google unveiled a custom-built ARM-based server chip to make cloud computing more affordable. The … Read more
United States Commerce Secretary Gina Raimondo said her department is exploring how to force cloud companies to disclose when a foreigner taps their computing power to fuel artificial intelligence (AI) applications, signalling the next phase of the tech war between Washington and Beijing. “We’re beginning the process of requiring US cloud companies to tell us … Read more
